State hirings before the election

The state made so many public sector hirings over the first three months of the year that it overshadowed the economy's main employment leaders, i.e. services and tourism, according an analysis by Alpha Bank in its weekly bulletin.

The analysis of employment trends per economic sector revealed the broader public sector's dominant role in job creation. It also pointed to the weak contribution of labor productivity toward the recovery of the Greek economy, mainly because of the remarkable decline in investments.

The Alpha bulletin further noted that the number of freelance professionals has declined due to the adverse tax and social security regulations, while an increase was only recorded in salaried employment.

The analysis was based on data from the Hellenic Statistical Authority (ELSTAT) which showed that employment rose 2 percent (or 75,400 workers) over the...

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