By decision of the Minister of Labor and Social Affairs Kostis Hatzidakis and pursuant to the provisions of Law 4921/2022 (articles 4-8) are appointed to the positions of three Deputy Governors of the Public Employment Service (DYPA) Messrs. George Karachalios, Gianna Hormova and George Christopoulos. THE George Karachalios is a PhD candidate in the Department […]
Tag: employment
US: Initial jobless claims fall to 227,000
Unemployment subsidy requests fall modestly, in line with expectations. Current account deficit rises more than estimated in the first quarter. The dollar loses strength at the start of the American session. The Department of Labor reported that initial claims for unemployment benefits they fell by 2,000 in the week ended June 18 to 229,000, slightly […]
Eurobank: Tourism is recovering, employment is resilient and credibility is boosted
The recent publications of indicators for the course of the Greek economy (current account balance April 2022, unemployment and employment rate April 2022, per capita GDP 2021) and the announcement of the Eurogroup on June 16, 2022 according to which enhanced supervision will not be extended beyond scheduled to expire on August 20, 2022, send […]
The employment balance in May 2022 is positive
The balance of employment flows remained positive, both in May and in the first five months of the year, according to the data of the Information System “ERGANI”. Specifically, during the last month the recruitment announcements amounted to 326,359 while the departures to 226,403 (107,522 voluntary departures and 118,881 terminations of indefinite contracts or expiration […]
Six-year record in job vacancies
Of Dimitris Katsaganis At the same time, the official data record an increase in job vacancies and a decrease in unemployment. In other words, as more and more unemployed people find work, the number of jobs that “look for” new employees increases. Specifically, the highest number of vacancies was recorded by ELSTAT since 2017. According […]
All new employment subsidy schemes
Of Dimitris Katsaganis The Public Employment Service (DYPA-formerly OAED) will run a new generation of employment subsidy programs in the immediate future, amounting to 5 and concerning the following categories of unemployed: 1) 10,000 long-term unemployed over 45 years in areas of high unemployment pockets (12-18 months, 653-746 euros monthly subsidy) 2) 10,000 unemployed who […]
AUD/USD struggles below 0.7000 amid USD strength, looks vulnerable
AUD/USD finds fresh sales near the 0.7035 area on Thursday amid resurgence in USD demand. Recession fears dent global risk sentiment and benefit the USD as a safe haven. The lack of continued selling warrants some caution before positioning for a further decline. The pair AUD/USD has seen an intraday pullback from near the weekly […]
Australia: Unemployment rate remains stable at 3.9% in May vs. 3.8% expected
The unemployment rate was unchanged in Australia at 3.9% in May, according to the latest data published this Thursday by the Australian Bureau of Statistics. In April, the unemployment rate hit the lowest level since 1974, at 3.9%. The market consensus expected a decline to 3.8% in the reported month. The economy created 60,000 jobs […]
ELSTAT: In accommodation and catering the biggest earnings in salaries in the first quarter of 2021
The indicators of working hours and wages in the sectors related to tourism jumped in the first quarter, as shown by the data published today by the Hellenic Statistical Authority. In particular, the index of working hours in the activities of accommodation services and catering services showed an annual jump of 125.8%, while the corresponding […]
EUR/GBP soars towards 0.8580 after mixed UK employment data
EUR/GBP is moving higher on the back of lower-than-expected UK job application count data. Jobless claims have fallen to -19,700 from the previous figure of 65,500. This week, investors’ attention will remain focused on the monetary policy of the Bank of England. The crossing EUR/GBP is showing wild movements and has finally moved up as […]
