Greece remained in unenviable second place in terms of eurozone member-states’ unemployment, behind Spain, although the figure for May 2023 was down by 0.5 percentage points compared to the previous month, April 2023, totaling 10.8 percent.
The downward trend shows a 1.9-percentage point decrease from the corresponding month of 2022, when unemployment a year ago reached 12.7 percent, according to Eurostat.
Joblessness also fell throughout the Eurozone, as a whole, totaling 6.5 percent in May 2023, compared to 6.7 percent in April 2023. The figure was the same for May 2022.
Spain’s unemployment figure for May 2023 reached 12.7 percent. The lowest jobless rates were posted by the Czech Republic and Malta, 2.4 and 2.8 percent, respectively.
The same “one-two” spots were reported for unemployment of young people, ie Spain and Greece. Specifically for the latter, the jobless rate for young adults in Greece for May 2023 reached 24 percent; 28.3 percent a month earlier, and 32.7 percent in the corresponding month of 2022.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Gov’t Eyes Return of Power Subsidies Amid Spike in Rates
According to reports, the government will resume an electricity subsidization program, given that forecasts cite disruptions – i.e. higher rates
ELSTAT: 6.3% Increase in Output Price Index for Agriculture and Livestock
The 6.3% rise in May 2024 is largely driven by an 8.8% increase in the crop output group, particularly due to changes in olive oil prices, and a 0.5% increase in the animal output group.
Balkans Blackout Highlights Climate Threats to Power Grids
The surge in electricity demand during the heat wave and the power deficit in Balkan markets have driven up prices in the Greek wholesale electricity market.
Greece in Top 4 Destinations Favored by European Tourists
Greece was selected by 5.9% of respondents who were asked where they would vacation this year, up from 5.4% in the same survey last year
Scope Affirms Greece’s BBB- Ratings; Revises Outlook to Positive
The international ratings firm raised Greece to investment grade in early August 2023
First Seaplane Test Flights to Skopelos, Alonissos, Skyros
After decades of on-again, off-again efforts to schedule regular seaplane routes to Greece's numerous island and coastal destinations the prospect now appears within sight
ELSTAT- Overall Import Price Index for May 2024 up 2.8% y-o-y
The same price index had decreased 20.8% from May 2022 to May 2023
Over 7 in 10 Employees Feel Their Contributions Are Not Appreciated
Specifically, the option "Subjective opinions are prioritized over objective data" ranked highest in importance for young employees, with a score of 3.89 out of 4
OECD: Job Vacancies on the Rise in Greece
By the fourth quarter of 2023, job vacancies per unemployed person had risen by more than 4, with the index reaching 446 units compared to 100 units in late 2019
OTE Group: FTTH Program Advancing in Semi-Urban and Rural Areas of Greece
This initiative will provide ultra-fast internet speeds of up to 1Gbps to over 350,000 households and businesses in semi-urban and rural areas across the country
![Πυρηνικά εργοστάσια: Τα σχέδια των 130 δισ. στην ανατολική Ευρώπη και η πραγματικότητα της χρηματοδότησης [γραφήματα]](https://www.ot.gr/wp-content/uploads/2024/07/ot_uranium-90x90.png)
