Greece appears to have an unenviable first-place showing of unemployment in the European Union among tertiary degree holders between the ages of 25 and 39, according to results of a study tabled in Parliament by the Hellenic Authority for Higher Education.
The figure for Greece is 17 percent in the specific age category for degree-holders.
Conversely, over the last five-year (2017-21), the percentage of unemployed younger college graduates (25-39) throughout the EU is decreasing, with Greece showing the biggest decrease of all countries surveyed, down by 4.9 percent, although the over percentage remains very higher.
Meanwhile, according to Organisation for Economic Co-operation and Development (OECD) data, the percentage of college degree-holders in the 25-34 age bracket in Greece is close to the average among the organization’s member-states namely, at 43.69 percent, compared to 45.48 percent for the latter.
However, the average in the 25-64 age category in Greece trails the OECD average, 32.75 percent to 40 percent.
Latest News
Greek Households Most Pessimistic in Europe: IOBE Report
Over six in ten (65%) of households said that their financial situation worsened over the past year
JP Morgan Remains ‘Bullish’ on Greek Banks
JP Morgan reiterated its analysis of DTCs, prompted by Piraeus Bank’s plan to accelerate their amortization
Source of Wealth Declarations for Greek Public Officials Made Easier
Source of wealth declarations are designed to improve transparency and prevent corruption among Greece's public officials. Yet 98% of Greeks still believe corruption is widespread in the country, according to Eurobarometer.
Greece’s Labor Market Slack Among Highest in EU
Greece ranks 4th in EU for labor market slack, mostly due to high unemployment levels, and has widest gender gap in the EU.
Livestock Crisis Threatens Greek Feta
Feta in particular, is Greece’s primary dairy export, with 65% of production going abroad.
Moldova’s Sandu Wins Second Term amid Meddling Claims
According to the Central Election Commission, with 98% of votes counted, Maia Sandu led with 54.35% to Alexandr Stoianoglo’s 45.65%
Attica Wins ‘Best Greek Hospitality Region’ at 2024 Awards
The Greek Hospitality Awards, now in their tenth year, are one of the premier tourism industry events at the European level
Greece Takes Command of EU’s Operation ASPIDES in Red Sea
The defense minister also visited the Greek frigate Spetsai, which is participating in Operation ASPIDES, while in the port of Djibouti
Brain Gain: Returning Greeks Drive Innovation and Growth in IT and Key Sectors
The profile of the returnees to Greece reveals that 67.6% have families, and 52% have children
New Regulations Target Airbnb Rentals in Greece with Safety and Quality Standard
Additionally, a new ranking system for tourist accommodations based on sustainability criteria is expected to be introduced