The lack of personnel in general or, in particular, the lack of suitable staff, is developing into a dominant issue in the labor market, demonstrating the difficulty faced by companies in the search and staffing of existing jobs, while also recording the distortion of the market.
This is how the following “distorted image” is recorded. On the one hand, unemployment reached 11.6% in October, and on the other hand, the Hellenic Statistical Service recorded an explosive increase in job vacancies.
The Hellenic Statistical Authority (ELSTAT) announced the quarterly Press Release aiming at presenting data on job vacancies for the whole economy excluding Primary Sector and Activities of Households, referring to the 3rd quarter 2022.
The number of job vacancies in the 3rd quarter 2022 recorded an increase of 60.8% in comparison with the 3rd quarter 2021 (24,324 and 15,125 respectively), while the corresponding number of job vacancies in the 3rd quarter 2021 had recorded an increase of 56.2% in comparison with the 3rd quarter 2020.
According to recent research, the problem plagues at least five productive sectors of the economy – except for tourism -, whose entrepreneurs are looking – in vain – for workers to cover their needs.
Characteristic is the research finding according to which eight out of ten employers, i.e. 78%, find it difficult to find the right staff, due to the lack of workers with the necessary skills. And this despite the fact that unemployment remains at high levels, around 12%.
The problem is present and dominant in the productive sectors of manufacturing, tourism, construction, business services, technology – communication, health and social care activities.
Latest News
Number of Turkish Visitors to Greek Islands up 10-Fold After 7-Day Express Visa
More than 20,000 Turkish tourists flocked to the eastern Aegean isles during a nine-day religious period in the neighboring country
Greece to Protect 198 ‘Untouchable Beaches’
These beaches, numbering 198 across the country, fall within the Natura 2000 network and will be off-limits for concession and, by extension, for the placement of umbrellas, sunbeds, etc.
BoG: Feb. Current Account Deficit up by 1.8bln
At current prices, exports dropped by 10.3% (‑10.7% at constant prices) and imports grew by 5.7% (9.4% at constant prices).
Greece Becoming a ‘Refuge’ for German Pensioners
The government's policies to attract foreign property buyers to boot the economy is working, reports German newspaper Handelsblatt
Iran Activates Air Defense System- Reports of Attack by Israel
An Iranian official said explosions reported by Iran's media were the result of the activation of the country's air defense system, yet media reports attribute them to a drone attack by Israel
Poll: Greeks, EU Citizens Eager to Vote in European Elections
EU citizens are eager to vote in the upcoming elections for the European Parliament in June, with eight in 10 saying the current geopolitical situation makes voting imperative
Mitsotakis-Erdogan Meeting in Ankara Fixed for May 13
The Greek PM himself made the announcement from Brussels on Thursday, while he also responded to a question on Athens' intent to create a marine park in the central Aegean, an environmental initiative
Greece Aims to Boost Energy Capacity, Economy with Offshore Wind Farms
Greece’s Energy Ministry is pushing legislation to accelerate the construction of the first floating wind farms in Greek seas
Reuters: Greek Economy Surges After Decade of Pain
Nevertheless, the article also highlights some of the challenges facing the country, with a falling birthrate and labor shortages posing a threat to the long-term outlook
IMF: Greek Growth in 2024 at 2%; Debt to Ease to 158.8% of GDP This Year
Projected consumer prices are forecast to rise by 2.7%