Part-Time Work on the Rise, Wages Fall in Crisis-Hit Greece-Survey - News Summed Up

Part-Time Work on the Rise, Wages Fall in Crisis-Hit Greece-Survey


ATHENS — Part-time workers and the hard-core unemployed have almost tripled during Greece's debt crisis despite a recent drop in the jobless rate, the largest labour union GSEE said on Wednesday. Hundreds of thousands of people have lost their jobs in Greece since it tumbled into crisis in 2010. Unregistered work and part-time contract jobs have increased as businesses are desperate to cut costs. Advertisement Continue reading the main storyAbout 267,000 workers are currently in part time work, from 99,000 in 2008, a year before the crisis broke out, the institute said. Apart from long-term unemployed, discouraged jobseekers, who have given up on actively seeking work, have increased to 109,000 from 37,000 in the same period, it added.


Source: New York Times October 04, 2017 14:48 UTC



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