Greece anticipates moderate hiring from June to Sept. 2024, with a Net Employment Outlook of 10 points, as per ManpowerGroup’s latest survey. While Greek employment prospects have improved by 3 points compared to the second quarter of 2024, they’ve declined by 6 points since the third quarter of 2023.
In Greece, 37% of surveyed employers foresee expanding their workforce, while 23% predict a decrease, and 37% anticipate no change. However, a staggering 82% continue to struggle with talent acquisition.
The Information Technology sector leads as the most competitive at 38%, despite a 5-point drop from last quarter and 1 point from last year. Among IT employers, 74% face challenges in finding specialized talent.
Transportation and Logistics saw the highest quarterly increase at 14%, boasting a robust Net Employment Outlook of 35%.
Industry and Construction show promising signs with a 15% employment outlook, up 9% from last quarter and 15% from last year. Conversely, Financial and Real Estate sectors report a 15% outlook, down 2% from last quarter.
Healthcare and Life Sciences stand at 10% (down 7% from last quarter), while Consumer Goods and Services show an 8% outlook (up 8% from last quarter).
The Energy and Utilities sector records a -6% outlook, consistent with last quarter, while Telecommunications Services face a -13% outlook, significantly lower than the previous quarter and last year.
The Greater Attica Region emerges as the most competitive region with a 16% outlook, up 2 points from last quarter but down 4 points from the third quarter of 2023.
Optimism prevails among Greek employers in large enterprises with 5,000+ employees, with a 29% outlook—a 7-point increase from the previous quarter and a remarkable 12-point increase from last year.
Conversely, companies with 250-999 employees exhibit the lowest intentions, a trend persisting for over two years, contrasting with the second quarter 2022’s -1% outlook.
Source: tovima.com
Latest News
Global Citrus Production Declines – Greece’s Outlook
In Greece, specifically, orange prices increased by 30.18% this Sept.
NATO Secretary General Rutte to visit Greece
Former Dutch PM Mark Rutte, the Alliance's new chief will first visit Ankara a day earlier to meet with Turkish leadership
PM Mitsotakis from Naxos: Decarbonization Fund to Facilitate Islands’ Green Transition
“The resources will help connect the islands to the mainland's electricity grid," he noted.
Retail Sales in Greece Up 0.8% in Q4 2024: ELSTAT
Retail businesses in the food and fuel sectors posted a turnover of €6.82 billion in Q3 2024, a 1.2% increase compared to €6.73 billion in Q3 2023
September in Greece Winning Tourists Over from US, Germany
Tourists continue to visit Greece off-season into Sept. with the number of inbound travelers up by 6.6% and a 7.9% rise in travel receipts.
Bank of Greece Governor Says EU will Retaliate to Trump’s Tarrifs
The Bank of Greece Governor defended the independence of central banks amid criticism from U.S. President-elect Donald Trump, who had publicly commented on Federal Reserve Chair Jerome Powel
September in Greece Winning Tourists Over from US, Germany
Tourists continue to visit Greece off-season into Sept. with the number of inbound travelers up by 6.6% and a 7.9% rise in travel receipts.
Bitcoin Surges Toward $100K Amid Pro-Crypto Optimism in US
According to Reuters, the cryptocurrency surged to an all-time high, briefly exceeding $96,898 during Asian trading hours.
Greek Driver Violations at a Touch of a Button
Traffic offences recorded in the last five years by Greece’s “Driver Behavior Control System” are now available on Gov.gr Wallet
Milan Tops List of Most Expensive Streets, Athens’ Ermou Holds Steady at 15th Place
In Athens, following Ermou Street is the southern suburb of Glyfada and Tsimiski Street in Thessaloniki.