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Unemployment in Greece

Unemployment in Greece PDF Author: Mr.Dimitri G. Demekas
Publisher: International Monetary Fund
ISBN: 145195171X
Category : Business & Economics
Languages : en
Pages : 72

Book Description
The Greek unemployment rate rose from 2 percent in the 1960s to 9-10 percent in the 1990s. This reflected the increase in female participation rates, the slowdown in growth, the restructuring of production, and the increased mismatch between jobs and job seekers. But the most crucial factor was the persistence of real wage aspirations. The paper develops and tests a model that attributes this to the rapid expansion in the number of easy, life-time government jobs and the increase in the public/private wage differential during the 1980s.

Unemployment in Greece

Unemployment in Greece PDF Author: Mr.Dimitri G. Demekas
Publisher: International Monetary Fund
ISBN: 145195171X
Category : Business & Economics
Languages : en
Pages : 72

Book Description
The Greek unemployment rate rose from 2 percent in the 1960s to 9-10 percent in the 1990s. This reflected the increase in female participation rates, the slowdown in growth, the restructuring of production, and the increased mismatch between jobs and job seekers. But the most crucial factor was the persistence of real wage aspirations. The paper develops and tests a model that attributes this to the rapid expansion in the number of easy, life-time government jobs and the increase in the public/private wage differential during the 1980s.

Long-term Unemployment in Greece

Long-term Unemployment in Greece PDF Author: Theodore Mitrakos
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description
The duration of unemployment spells in Greece is investigated by looking at developments over time and by estimating duration models for unemployed men using data from the 2005 Greek Labour Force Survey (LFS). The prolongation of spells since the 1990s reflects the rise in the overall unemployment rate and the increased probability of transition from short-term to long-term unemployment. The limited number of new jobs, due inter alia to the stringent regulatory environment in product and labour markets, might be contributing to the differences in the percentage of long-term unemployment between Greece and the EU-15. Estimates of duration models suggest that older individuals with no previous work experience, in high-unemployment regions are more likely to experience longer unemployment spells while education appears to differentiate the length of spells amongst younger individuals. There is some tentative evidence of positive duration dependence in the first few months of the spell, which, however, turns negative as the spell continues.

The Incidence of Long-Term Unemployment

The Incidence of Long-Term Unemployment PDF Author: Ilias Livanos
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description
In this article, I use the 2000-2004 data from the Greek Labour Force Survey in order to estimate a logit model for the incidence of long-term unemployment. The model computed is similar to the one estimated by Obben et al. (2002). It is found that attributes of the individual such as gender, age category, marital status and region of residence affect the odds of being long-term unemployed. On the other hand, the level of someone's qualification does not affect the odds of whether someone will be short or long-term unemployed.

Labour Market Studies

Labour Market Studies PDF Author: Athena Petraki Kottis
Publisher: Official Publications of European Communities
ISBN:
Category : Business & Economics
Languages : en
Pages : 224

Book Description
Recoge: 1. Labour market analysis and forecats - 2. Labour market institutions - 3.Labour market legislation - 4. Labour market policies - 5. Issues of national debate and policy perspectives.

Youth Unemployment in Greece

Youth Unemployment in Greece PDF Author:
Publisher:
ISBN: 9789282372302
Category :
Languages : en
Pages : 10

Book Description
Young people in Greece have been more adversely affected by the crisis than in the other countries analysed (Ireland, Portugal, Spain and Cyprus). This holds true for all parameters considered - employment, unemployment, long-term unemployment, NEET youth (Neither in Employment, Education or Training). Youth unemployment has been declining in all these countries since 2013 (Cyprus: 2014) while economic adjustment was ongoing, but remained at a high level of 50.1 % in January 2015 in Greece. - Greece shows a number of specific structural features having caused a comparatively weak performance before the crisis started: a prolonged and incomplete transition from education to work, a high share of highly educated unemployed aged 25-29, strong gender differentials, (flattening) regional disparities, sectoral labour market segregation and a high share of informal employment. - As a reaction to soaring youth unemployment, European and national initiatives have been intensified to cope with structural weaknesses and to improve short-term job perspectives. These include, for example, a national Youth Action Plan (December 2012), funding from the Youth Employment Initiative and support from a Commission Task Force Greece. - Given a persisting lack of labour demand and budget constraints, recommendations from recent analyses include the expansion of temporary, subsidised public work programmes, further increasing the effective use of EU funding, efficiency gains in shaping ALMPs and expanding the age limits of the Youth Guarantee. They also point to a dilemma: a further increase in resource allocation for programmes targeted at young people could come at the expense of other numerically larger groups of recipients.

The Public Employment Service Greece, Ireland, Portugal

The Public Employment Service Greece, Ireland, Portugal PDF Author: OECD
Publisher: OECD Publishing
ISBN: 926416376X
Category :
Languages : en
Pages : 257

Book Description
This publication examines how the Public Employment Service can actively promote and manage transitions out of unemployment into market work, both directly and via labour market programmes in Greece, Ireland, and Portugal.

The Greek Labour Market Before and After the Pandemic

The Greek Labour Market Before and After the Pandemic PDF Author: Christos Antonopoulos
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description
The Greek labour market recorded a significant improvement during the first half of 2022. This is encouraging and reflects, inter alia, output growth, the government support measures during the pandemic and the implementation of important structural reforms during the previous decade. However, in the current inflationary environment, the question that arises is whether the labour market is slack or tight and whether wage pressures may be emerging. This article draws on diverse sources of information on the labour market, in an attempt to shed some light on this question and examine how the Greek labour market evolved before and after the pandemic. In sum, unemployment remains high in Greece, well above the euro area average, and labour market slack is still evident by most measures. However, pockets of tightening are beginning to emerge at the sectoral level. Moreover, slack is declining at a fast pace, much faster than in the euro area, as suggested by the drop in unemployment over the past three years. The high share of long-term unemployment and the rather elevated estimates of efficient unemployment presented in this article also point in the same direction. Given the recent strong employment growth and the prospect of a significant need for additional labour over the coming years due to the implementation of the NextGenerationEU plan, labour market tightness could increase further. This concern is further compounded by extensive survey evidence of skills mismatches in the Greek labour market, which are known to adversely affect allocative efficiency and, thus, productivity. Looking ahead, it is important to pursue labour market policies aimed at increasing participation rates and upskilling or reskilling the labour force, including in particular the long-term unemployed.

Long-term Unemployment

Long-term Unemployment PDF Author: J. J. Sexton
Publisher:
ISBN:
Category : Hard-core unemployed
Languages : en
Pages : 176

Book Description


Combating Long-Term Unemployment

Combating Long-Term Unemployment PDF Author: Kenneth Dyson
Publisher: Taylor & Francis
ISBN: 100383549X
Category : Political Science
Languages : en
Pages : 204

Book Description
First published in 1989, Combating Long-Term Unemployment follows on from, and is a companion to, Local Authorities and New Technologies. The book seeks to inform debate by analysing policy responses to the problem of long-term unemployment and by focusing on the role of local initiatives in a European context. Long-term unemployment in Europe is a complicated and multifaceted problem, the policy responses to which need to be studied against various contexts. It is designed to appeal to all those interested in policies to combat long-term unemployment: local and central government officials, private sector organizations whose work is relevant to locally based initiatives, and interested academics.

The Rebirth of the Greek Labor Market

The Rebirth of the Greek Labor Market PDF Author: P. Petrakis
Publisher: Springer
ISBN: 1137460822
Category : Business & Economics
Languages : en
Pages : 303

Book Description
The Rebirth of the Greek Labor Market provides evidence of the macroeconomic evolution of the Greek economy, as well as current conditions in the labor market, to suggest potential areas of growth following the crisis. The contributors of this collection focus on three main issues that make the overall volume distinctive. Firstly, the authors develop a macro-econometric model for the Greek economy, which is flexible in terms of policy analysis and provides reasonable forecasts for the period between 2014-2020, under three scenarios. Secondly, the authors analyze the dynamism in the Greek economy, as well as the problematic Greek labor market. Lastly, using the estimations provided by the macro-econometric model developed, an input-output analysis is conducted - for every one of the three scenarios - in order to investigate and quantify the impact of the economic crisis, not only to the total employment but also in the number of employees by occupation, for all productive sectors of the economy. Using this structure, this indispensable new volume identifies the occupations, professions, and sectors with the greatest losses, as well as those showing a positive momentum, up to 2020.