slow greek recovery brings no relief to struggling workforce
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

Slow Greek recovery brings no relief to struggling workforce

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today Slow Greek recovery brings no relief to struggling workforce

Two years after the leftist government of Prime Minister Alexis Tsipras nearly crashed Greece out of the euro
Athens - Al Maghrib Today

Markos Markakis is 28 and works up to 13 hours a day. It took him seven attempts to find his current job, and in Greece's precarious job environment, he counts himself lucky.

"I'm happy to have a job, but outside the office, I have no life," he said.

Two years after the leftist government of Prime Minister Alexis Tsipras nearly crashed Greece out of the euro, and eight years after the country plunged into economic crisis, employment numbers are finally improving.

Tsipras himself recently said his administration has created 300,000 jobs since taking over in 2015, and expects the economy to grow by nearly 2.0 percent this year.

"Unemployment is falling... the road ahead is long, but we can be more confident," the prime minister said in a televised interview in July.

Also in July, the country made a positive test debt issue after three years of exile from money markets, and leading rating agencies are cautiously optimistic about its prospects.

But try telling that to people like Yiannis, who works at an Athens brasserie from 7 pm to 4 am (1600 GMT to 0100 GMT) every day for 30 euros ($35) -- and one or two days of rest per month.

"If you turn down a job offer, you know there is a risk of not finding another one," said the 22-year-old, adding that he was actually grateful for the paltry sum he was earning when others were jobless.

Officially, unemployment is falling. In April it was 21.7 percent, down from a high of 27.8 percent in 2013.

But labour groups in Greece have always suspected that real unemployment is far higher than official figures show -- for example, those not actively seeking a job are not counted as unemployed.

The European Central Bank, using different criteria, in July said 31.3 percent of Greece's workforce was "under-utilised" at the end of last year, some eight points above Greek unemployment data.

Savvas Robolis, senior labour analyst at leading private-sector union GSEE, said undeclared work was at an all-time high.

"In one of our studies, we estimated that one in 15 employees was undeclared," he said.

Greece's EU-IMF creditors have long argued that the country's highly unionised labour environment stifled job creation.

Enter the solution of part-time flexibility.

According to the OECD, part-time work -- qualified as fewer than 30 hours per week and once considered an oddity in a country of small family-run enterprises -- has nearly doubled in Greece these past ten years to over 11 percent of total employment.

Facing a stark choice between emigrating abroad or sinking into inability to pay mounting taxes, many are opting for part-time work.

- 'The definition of job precarity' -

But analyst Robolis warned that "part-time work is the definition of precarity."

"Young workers on average earn a monthly salary of 380 euros ($446), half the legal minimum wage," he said.

And employers hold all the cards in a market of warped, so-called flexibility, the expert added.

"There is job flexibility in both directions," Robolis said.

"In terms of the workday, employers can impose additional hours as they see fit. But we also know that the salaries of 900,000 people in the private sector are between one and fifteen months in arrears," he said.

The Bank of Greece says fewer restrictions in the job market -- enthusiastically endorsed by the country's international creditors -- have created 150,000 part-time jobs in the last two years.

But most of these employers, unions say, routinely force their staff to work unpaid hours above and beyond their contract, skimping out on both wages and social insurance contributions.

That's the case with Yiannis.

"My employer has me registered as part-time. That way, he pays less," he said.

According to Greece's main social insurance fund EFKA, fewer than 10 percent of young employees aged 20-24 have social insurance cover.

At this rate, it's no wonder that Greece's best and brightest are emigrating.

"Right now, I have no time to think of anything but my work," Markos admitted.

"But when I see my friends abroad working half the time for five times more, it makes me want to leave too."

Source: AFP

almaghribtoday
almaghribtoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

slow greek recovery brings no relief to struggling workforce slow greek recovery brings no relief to struggling workforce

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

slow greek recovery brings no relief to struggling workforce slow greek recovery brings no relief to struggling workforce

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more
Almaghrib Today, almaghrib today The Rake announces editorial updates

GMT 10:46 2018 Tuesday ,16 January

The Rake announces editorial updates
Almaghrib Today, almaghrib today Europe brings on charm and blue skies

GMT 11:51 2018 Tuesday ,23 January

Europe brings on charm and blue skies
Almaghrib Today, almaghrib today For the Variety of Interior Design Styles

GMT 10:46 2017 Tuesday ,19 December

For the Variety of Interior Design Styles
Almaghrib Today, almaghrib today US Christian tourists see deep meaning

GMT 13:44 2018 Monday ,22 January

US Christian tourists see deep meaning
Almaghrib Today, almaghrib today Amazon to open first cashierless shop

GMT 10:03 2018 Tuesday ,23 January

Amazon to open first cashierless shop

GMT 01:11 2014 Thursday ,13 November

Agility reports Kuwaiti dinar 13.04m in profits of 2014

GMT 07:03 2012 Tuesday ,29 May

Japan firm unveils radiation-gauging smartphone

GMT 18:49 2017 Tuesday ,24 January

‘1001 Titles’ honours authors and publishers

GMT 09:54 2017 Friday ,08 September

Hurricane Irma downgraded to Category 4

GMT 16:35 2017 Friday ,25 August

SDF prepares for attacking ISIS in Deir Al Zour

GMT 00:04 2017 Monday ,27 February

Palestinian Yacoub Shaheen wins ‘Arab Idol’ S4

GMT 16:08 2016 Wednesday ,07 September

Spotlight on innovative future for Middle East real estate

GMT 08:02 2014 Wednesday ,27 August

Sarah Paulson goes to the gym before Award shows

GMT 08:14 2014 Thursday ,07 August

Ashley Olsen, new boyfriend Bennett Miller step out

GMT 14:16 2014 Saturday ,26 July

Nicholas Hoult spotted with Riley Keough

GMT 00:43 2014 Friday ,12 September

Jidhafs Maternity hospital inspected in Bahrain

GMT 21:19 2012 Sunday ,09 December

Oil giant : August cyber attack targeted all Saudi
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday