Eurostat: Greek Job Vacancy Rate 4th Last in Eurozone

According to a survey by Eurostat, the Greek job vacancy rate is half that of the Eurozone average. As the data indicates, Greece is fourth from the bottom in job vacancy rates, tied with Luxembourg. However, a fundamental difference between the two countries is that Luxembourg boasts the lowest unemployment rate in the EU, while Greece has the second-highest.

Job vacancies, as defined by Eurostat, include positions that must be filled immediately or within a maximum of three months.

The lowest job vacancy rates were recorded in Bulgaria, Poland, and Romania, each at just 0.7%. Spain follows with 0.9%, while Slovakia and Ireland share the third-lowest position, with job vacancies making up 1.1% of total employment.

In the fourth quarter of 2024, the Greek job vacancy rate accounted for just 1.2% of total employment (both occupied and vacant positions), compared to the Eurozone average of 2.5%. Greece ranks among the countries with the lowest job vacancy rates in the EU, standing at just 1.2%.

Following a sharp increase after the pandemic, job vacancies have been steadily declining since late 2022. In both the EU and Greece, job vacancies have decreased. In the Eurozone, the vacancy rate remained unchanged on a quarterly basis but fell by 0.4 percentage points year-on-year, from 2.9% in the fourth quarter of 2023. Similarly, in the EU, job vacancies accounted for 2.3% of total required positions, down from 2.6% in the same period of 2023.

Source: tovima.com