
The latest OECD findings reveal that Greece has seen a significant increase in job vacancies since 2019, surpassing trends observed in other OECD countries.
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.
While job vacancy rates generally decreased in other countries by the end of 2023 from their peak levels, Greece continued to experience growth. Austria followed Greece closely with an index of 279 units by the end of 2023, higher than the OECD average of around 125 units.
Furthermore, Greece ranks among the EU countries with the highest job vacancies in early 2024, securing the seventh position with a 3.1% vacancy rate according to Eurostat. This marks a notable annual increase of 1.6 percentage points, significantly outpacing other EU nations.
In particular, the tourism sector in Greece has faced persistent challenges, with vacancy rates in accommodation and food services remaining elevated since 2019. This ongoing shortage poses a substantial near-term hurdle for businesses in the sector.
Addressing these labor shortages requires a comprehensive approach, as highlighted by the OECD. This includes improving job quality in sectors struggling to attract workers, such as healthcare and tourism, both heavily impacted by the COVID-19 pandemic.
The report stresses the need to enhance workforce participation among socially disadvantaged groups and to better match job skills and geographic demand in the labor market.
Overall, the OECD emphasizes the importance of a holistic policy strategy to effectively connect labor market supply and demand, ensuring sustainable economic growth in Greece.
Source: tovima.com


Latest News

Jerry Kalogiratos Highlights Key Role of Energy Transition and Data Demand in LNG Outlook
Energy transition and the prospects of LNG were discussed at Capital Link’s 19th Annual International Maritime Forum, during a panel discussion with Jerry Kalogiratos (Capital Clean Energy Carriers Corp.)

Santorini Safe and Ready for a Dynamic Tourism Season
Authenticity, cultural heritage, and genuine experiences at the center of Santorini's new promotional campaign

Electricity Bills: Greece Announces Reduced Tariffs Schedule
Greece will now offer lower electricity rates between 11:00-15:00 and 02:00-04:00

Chevron Confirms Eyeing Natural Gas Exploration South of Crete
Chevron recently declared its intent to explore a third area, south of the Peloponnese.

Evangelos Marinakis: A time of change from which shipping can benefit
Speaking at the 19th Annual Capital Link International Shipping Forum Evangelos Marinakis stressed the challenges that shipping faces today

Retail Trade in Greece Up 2.5% in December 2024: ELSTAT
In January 2025, the General Turnover Index recorded a 2.5% increase compared to January 2024. Compared to December 2024, it recorded a significant decline of 18.4%

Greek Fruit and Vegetable Exports Surge
Greek exporters have expressed concerns over a new draft law in Bulgaria that mandates at least 50% of products in stores to be of Bulgarian origin.

Trump Tower in Greece? Speculation Grows Over Potential Investment
In 2007, the Trump Organization explored the possibility of constructing a skyscraper complex and casino at the former Ellinikon Airport site in Athens

Was Aristidis Alafouzos, CEO of Okeanis Eco Tankers, cheering over extra earnings from carrying ‘sanctioned’ Russian oil?
Okeanis CEO Aristidis Alafouzos tried to give assurances that the company was not carrying sanctioned Russian oil - Recently published data point to the opposite

Tax Filing in Greece Surpasses Expectations
Taxpayers who submit their returns by April 30 will benefit from an increased tax discount of 4% if they opt for a lump-sum payment by July 31, 2025