Unemployment

Work below cost

How strong is the Greek economy, really? Whatever may have been said, there are some safe criteria by which to assess its state. It is only as strong as the labor market, the jobs created and the wages offered. 

Greece launches job program for long-term unemployed seniors

Greece's Public Employment Service (DYPA) has launched a subsidy program to open up 1,300 jobs for long-term unemployed people aged between 55 and 74, the labor, interior and economics ministries announced on Monday.

The program will have a budget of €31.2 billion and span 24 months, aiming to create 1,300 new full-time jobs in the public healthcare sector. 

Unemployment rate ticks down to 8.8 percent

Türkiye's unemployment rate declined slightly from 8.9 percent in November to 8.8 percent in December 2023, the data from the Turkish Statistical Institute (TÜİK) have shown.

The number of jobless people fell by 12,000 from November to stand at 3 million in December.

The unemployment rate among men was 7.1 percent, while it was 12 percent among women, TÜİK said.

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