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Forecasts for unemployment in Greece are getting worse

06 January 2010 / 12:01:02  GRReporter
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According to statement of Prof. Sava Romboli for “Vima” newspaper, 100 000 more people will stay without job in the next year. Percentage of unemployed people in Greece will reach 17,5% excluding people employed in a program for gaining experience (2% or 90 000 people), people working one hour per week, who are not counted as unemployed by the Statistical service (1% or 50 000 people) and the long-term unemployed who are considered out of the labor market (3% or 150 000 people).

In the first few months of the year the country will be flooded with lay-offs of workers and half of the students, counting 80 000 who just graduated high schools and universities and will enter the labor market will not manage to find a job. Calculation made on the bases of data from the past year shows that over 90 000 people have lost their jobs.

The face of the “unemployed” was announced by the Greek press to be face of the year as anyone can put his neighbor, colleague or relative in this position. Hundreds of companies went in bankruptcy or were left with no cash money. The purchasing power of middle class Greeks drastically decreased.

Most affected by the unemployment turned out to be women (29,4%), while as a hole the percentage of unemployed people is highest in North Greece and Epir. Information of the union organizations is even worse than the data of Statistical service is the. According to them the number of unemployed people in Greece for 2009 is over 750 000 people. At the same time it is determined that employment relations have become more elastic.

Most affected in the past year turned out to be the construction industry, trade, tourism as well as sewing industry and leather processing factories. 22 000 construction workers were left on the streets and 21 800 people dealing with trade were left without stores. According to data from Eurostat, it turned out that getting university diploma, a masters degree or PhD is not a guarantee for finding a job and this diploma can just be hung in a frame on the wall. Actually Greece is the only country in the European Union where the percentage of unemployed is not decreasing with the increase of skills of the candidates, but it stays at the same level.  

Tags: Society poverty unemployment
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