Greece’s young workers who are currently trying to enter the labor market face high unemployment, flexible forms of employment for those who manage to work, exhausting hours without a consistent daily schedule, and low wages that push this age group below the poverty line.
Youth unemployment is one of the country’s biggest challenges. Figures indicate that it exceeded 20% in July 2024, the second-highest youth unemployment rate in Europe after Spain. This rate reaches higher percentages in winter, as many young people find seasonal employment in the tourism sector during summer. Nevertheless, it is worth noting that youth unemployment has decreased over the past year, following the general downward trend in unemployment.
However, even for young individuals who manage to find work the situation remains dire. Thousands are employed under part-time arrangements or are engaged in undeclared labor, deprived from work insurance or labor rights.
Indicative of the negative situation is the fact that out of the total new job positions created seven out of ten are part-time, while only three are full-time and permanent. As a result, very few young workers earn even the minimum gross salary of 830 euros, while the majority receive even lower wages, effectively creating a class of “the new poor.”
Even the Labor Minister Niki Kerameus cited this term as she recently acknowledged that this situation drives young people abroad or forces them to work for extremely low pay.
Regarding working hours, data from the Labor Inspectorate shows that exceeding legal working hours is the most common labor law violation. Half of the violations recorded in 2023 involved excessive working hours. Young workers are often the primary victims, with their schedules rarely being fixed and frequently exceeding the “standard” eight-hour day, with overtime almost never being compensated.
In the tourism sector, a significant employer of young workers, one in three businesses faced penalties during inspections conducted in this year’s tourist season, exposing widespread violations of labor laws.
Across all industries, the situation remains grim: one in four businesses failed to comply with legal requirements to adjust the minimum wage to mandated levels, often paying workers less than entitled and neglecting to provide the lawful seniority increments.
Source: Tovima.com
Latest News
Greek Tourism: Which Nationalities Spent the Most in 2024
The 15,000 Russian tourists who visited this year spent around 1,000 euros per capita, totaling 15.2 million euros.
Greece’s Pharmaceutical Market Reaches Record €4.72 Billion Amid Rising Prices
There was a nearly 2% rise in sales value in the first nine months of 2024, though the total volume of medicines sold has dropped.
Greece to Launch App Tracking Real Estate Prices
The aim is to provide citizens and potential buyers with accurate and up-to-date insights into the real estate market’s actual prices in different areas of the country.
Storm ‘Elena’ Brings Christmas Chaos to Attica and Evia
Parnitha Avenue remained closed beyond the casino area, while Karamanlis Avenue, also experienced heavy rainfall
Athens Launches App to Enhance Public Safety
Users can send location and personal details to the police. Selected contacts will also be notified of the user's safety at any time.
Tapping into Golf Tourism Next Goal for Greece
Creating high level golf tourism infrastructure in Greece can boost the country's competitiveness on the global market.
Greek Household Deposits Up for Seventh Consecutive Year
This is attributed to a rise in disposable income for individuals, which in turn is associated with a drop in unemployment and a steady uptick in wages.
Greek Wage Analysis Reveals Gender, Sector, and Education Disparities
It is also interesting to note that leadership roles remained predominantly male at a percentage of 57.3%, primarily in the 36–54 age group
Greek Household Deposits Up for Seventh Consecutive Year
This is attributed to a rise in disposable income for individuals, which in turn is associated with a drop in unemployment and a steady uptick in wages
BoG: Greek Tourism Soars – 33mln+ Foreign Tourists Jan.-Oct. 2024
Despite this surge, the average expenditure per visitor decreased by 2.5% compared to last year, standing at €589.5