Labour law

Unemployment Rate Down by 0.6 Percentage Points in Q4 2019

In the fourth quarter of 2019 there were 138.5 thousand unemployed persons, of whom 80.6 thousand (58.2%) men and 57.9 thousand (41.8%) women. The unemployment rate was 4.1%, 4.4% and 3.8% for men and women respectively. In comparison with the fourth quarter of 2018, the unemployment rate went down by 0.6 percentage points, registering the same decrease for men and women.

Editorial: Raise wages!

Negotiations on setting the new minimum wage in the private sector   are to begin in the coming days.

The government is entering the talks with trade unions having pledged in its electoral campaign last year to support wage hikes in 2020 that are double the country's growth rate.

Discussions on raising minimum wage get under way

The process for the adjustment of the minimum wage will begin in the last 10 days of February, and according to law it must be completed within four months. Discussions have already started within the government, with spokesman Stelios Petsas reiterating New Democracy's election pledge for an increase up to the level of 703 euros per month in the next three years.

Minimum Double Remuneration for Work during the Christmas Holidays

Employers are required to pay a minimum double remuneration to employees who work on an official holiday, such as today's December 25, recalled by the Executive agency "General Labor Inspectorate".

The holidays are December 24, 25, and 26, and January 1, 2020 for New Year's Eve.

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