x

Economy

Greek Wage Employment Flows Balance Remains Positive

October 13, 2020

ATHENS — Official figures showing a very positive balance of wage employment flows in September, combined with a stable unemployment rate in July, indicated that a series of policy initiatives taken by the government managed to limit the negative impact of the pandemic crisis on the labour market so far, Labour Minister Yiannis Vroutsis said on Tuesday.

Commenting on the release of the official figures on employment trends, Vroutsis said that the government and the ministry acted promptly and decisively, with realism, placing as a top priority the protection of public health, social cohesion and supporting workers, enterprises and unemployed people.

A report by the "ERGANI" IT system showed that the country's balance of wage employment flows was positive by 38,529 job positions, while full-time employment also improved in September. A few days ago, Hellenic Statistical Authority said that the unemployment rate in Greece eased 1.2 pct in July to 16.8 pct from 18 pct in June 2020 and eased 0.3 pct to 17.1 pct compared with July 2019.

RELATED

ATHENS - S&P credit rating agency upgraded Greece’s outlook to 'positive' from 'stable' on Friday, April 19, 2024 while maintaining the investment-grade rating of BBB-.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

Over 100 Pilot Whales Beached on Western Australian Coast Have Been Rescued, Officials Say

MELBOURNE, Australia (AP) — More than 100 long-finned pilot whales that beached on the western Australian coast Thursday have returned to sea, while 29 died on the shore, officials said.

Demetrio Jackson was desperate for medical help when the paramedics arrived.

DEERFIELD, IL – The Hellenic American Academy (HAA) Drama Club presents a theatrical comedy ‘Θα Φάμε τα Μουστάκια Μας’ (‘We’ll Eat Our Mustaches’) by Georgia Paraskeva, on Friday, May 10, 7 PM, and Saturday, May 11, 1:30 PM, at HAA, 445 Pine Street in Deerfield.

The students at Columbia University who inspired pro-Palestinian demonstrations across the country dug in at their encampment for the 10th day Friday as administrators and police at campuses from California to Connecticut wrestled with how to address protests that have seen scuffles with police and hundreds of arrests.

DETROIT - The players selected in the first round of the NFL draft Thursday night in Detroit.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.