Unemployment

BELGRADE - Leader of the New Democratic Party (NDS) Boris Tadic has warned about the danger of a global social crisis caused by the growing social inequality at a summit of the Progrešive Alliance in Montevideo.

Greece's economy should grow 0.7 percent this year, pulling clear of a six-year recession, but its soaring unemployment rate is likely to drop less than hoped, the country's leading economic think tank said on Wednesday.

Every country aims to lower inflation, unemployment and lending rates, while increasing gross domestic product (GDP) per capita. Through a simple sum of the former three rates, minus year-on-year per capita GDP growth, I constructed a misery index that comprehensively ranks 89 countries based on misery. The table below is a sub-ranking of all Balkan states presented in the full index.

EU helps Balkans to reduce unemployment

Unemployment in Turkey fell to 9 percent in April, marking its lowest point in 10 months, official data has shown.

The monthly unemployment rate was recorded at 9 percent in April, as there were 2.6 million people seeking employment during this period, which comprises of March to May, the Turkish Statistical Institute (TÜİK) has announced.

The unemployment of the masses who have flocked to the big cities will not ease unless industry is developed, especially the industry that is capable of exporting Turkish Statistical Institute (TÜİK) released the employment-unemployment data of 2013 according to provinces.

Unemployment is continuing to decrease slowly but steadily, as it contracted by 0.2 percent in April from the same month in 2013 to amount to a seasonally adjusted rate of 27.3 percent, according to data released on Thursday by the Hellenic Statistical Authority (ELSTAT). In March it had also stood at 27.3 percent.

By Christina Kopsini

Not a single measure has been introduced over the past few years aimed at helping jobless Greeks who are middle-aged or older. Labor Ministry officials behave as if unemployment is not an issue among people in those age groups.

Unemployment rates in Bulgaria have recorded a slight decrease in June, according to the National Employment Agency.

A total of 10.7% of Bulgarians were unemployed in June which is some 0.5 percent less than the levels recorded in May.

In June, the unemployment rates marked the most dramatic decline since 2004 - some 16,000 fewer unemployed.

Unions: Labor Law "open servility to foreign interests"

BELGRADE -- The Confederation of Autonomous Unions of Serbia (SSSS) says changing the Labor Law without a public debate represents "open servility to foreign interests."