Unemployment

People with master degree work in cafes

Majority of young people of the Branicevo District is working in cafes, boutiques and kiosks although they have university diplomas and some even master degrees. Some of them are trying to start their own business.

By Christina Kopsini

The unemployment rate may still be high in Greece, but four in every 10 employers (from a sample of 750) state that they face difficulties finding the appropriate staff to cover their personnel requirements, a survey by Manpower Group has found.

Europe should introduce its own unemployment insurance fund, outgoing EU Employment Commissioner Laszlo Andor has argued in an interview.

Andor, who is in charge of employment, social affairs and inclusion at the European Commission, told German weekly Der Spiegel that such a step would help Europe retain its usual stability during crisis like the one over the past years.

Greece's central government posted a primary budget surplus of 711 million euros ($968 million) in the first five months of the year, compared to a deficit of 970 million euros in the same period in 2013, Deputy Finance Minister Christos Staikouras said on Thursday.

Greece's jobless rate remained unchanged at 27.8 percent in the first three months of the year compared to the previous quarter, data from the country's statistics service showed on Thursday.

About 71 percent of Greece's 1.34 million jobless are long-term unemployed, meaning they have been out of work for at least 12 months, the figures showed.

As of September, Greek authorities will be obliged to implement a program to support poor households with a small benefit, according to the bailout agreement.

Deputy Labor Minister Vassilis Kegeroglou explained on Wednesday that the recipients will be households on an annual income of 4,800 euros or less.

BELGRADE - The success of the government will be measured by the drop in unemployment and the improvement of living standards it achieves, Serbian Minister of Labour, Veteran and Social Affairs Aleksandar Vulin said on Wednesday.

A report of Prime Minister Oresharski on the first year in office of the socialist-led government boasts financial and economic stability, higher incomes, and lower unemployment.

Oresharski was to present the report on Friday in Parliament but the presentation was eventually postponed, according to dnevnil.bg.

By Thanos Tsiros

The coalition government has received a “cheap and efficient” proposal aimed at combating youth unemployment that provides for a three-year suspension of social security contributions to the Social Insurance Organization of Freelance Professionals (OAEE) for new freelancers.

 March unemployment drops to 26.8 pct as tourism boosts hirings