Labour economics

More than 1.5 million small and medium-sized companies (SMEs) are now able to hire temporary workers rather than employ permanent workers due to a new regulation enacted as part of a controversial flexible labor act, daily Habertürk reported Oct. 14. 

The ratio of women participating in the labor force has hit a historic high of 36.8 percent, while the number of women applying to the Turkish Employment Organization (İŞKUR) has also increased by 47 percent, according to statistics released by the Turkish Statistics Institute (TÜİK). 

Greece's jobless rate eased to 23.2 percent in July from 23.4 percent in the previous month, statistics agency ELSTAT said on Thursday.

The number of officially unemployed reached 1.12 million people.

Hardest hit were young people aged 15 to 24 years, with their jobless rate dropping to 42.7 percent from 48.6 percent in the same month a year earlier.

Reduced working hours or even suspension, with the state paying unemployment benefit and covering workers' social security while they are not working, are the proposals of a panel of experts on labor issues.

The plan to not reduce the minimum wage due to the rise in income taxes will cost the state budget 1 billion Turkish Liras ($336 million), said a top official in a televised interview on Sept. 21. 

The total number of people registered with the Manpower Organization (OAED) as unemployed came to 973,586, according to OAED data released on Monday.
From the people who are looking for a job, 63,57% are women and 53,15% are registered with OAED for more than 12 months.

The total number of people registered with the Manpower Organization (OAED) as unemployed increased by 27,449 in August from a month earlier, according to OAED data released on Monday.

The total number came to 973,586, just 45 people less than in July 2016. The number of people who said they have stopped looking for a job declined by 50,607.

Turkey's unemployment rate rose to 10.2 percent in June with a 0.6 percentage point year-on-year increase, data from the Turkish Statistics Institute (TÜİK) has showed. In the same period, the non-agricultural unemployment rate was 12.2 percent with a 0.5 percentage point increase.

The National Revenue Agency has started inspections of 1,900 employers in Sofia a significant number of whose employees receive the minimum monthly wage.

The three-year budget forecast envisages a gradual increase of the minimum monthly wage to BGN 460 during 2017 as well, stated Finance Minister Vladislav Goranov.