As the number of first-time filers for unemployment benefits rises, the Organisation for the Employment of Human Resources (OAED) is reporting an unprecedented jump of more than 18 per cent since September last year, from 665,059 to 774,059.
A third of them receive unemployment benefits – about 480 euros per month for up to one year. The number of jobless registered with the OAED for more than 12 months increased 36 per cent since last year.
The OAED also reported fewer Greeks quitting their job. The number is down 12 per cent compared to 2010. This is most likely due to growing worries they may never find a job again in this tight job market.
Most jobless are educated. About 46 per cent have a secondary school education and 18 per cent have a university degree.
Unemployment is hitting workers between the ages of 30 and 54 the hardest. The rate of joblessness in this age group exceeds 60 per cent, according to OAED. About 28 per cent of jobless are under 30.
Source: Athens News
