Labor market’s historic high

Greece’s labour marketplace has this year enjoyed the champion January-August play since 2001, when the Ergani hirings and departures information started being collected, with figures erstwhile again highlighting the highly seasonal quality of employment successful this country.

In the archetypal 8 months of 2025 a grounds 317,301 occupation were created (i.e. hirings outnumbered departures), adjacent though August saw the fig of jobs diminution by 2,542. However, this was rather predictable, arsenic July and August person traditionally been months of shrinkage for the labour marketplace aft the hirings made during spring, up of the summertime tourism season.

From February to June, accommodation and nutrient work establishments prosecute staff en masse successful mentation for the summer, based connected estimates of demand. However, when summertime arrives and the existent travel of tourists becomes apparent, businesses proceed to trim staff, either owed to little occupancy oregon to chopped costs. These “corrective moves” are communal successful July and August.

At the aforesaid time, galore hires person been made connected fixed-term contracts, which are gradually completed toward the extremity of the summer, starring to a simplification successful jobs.

The dynamic interconnection of employment with sectors characterized by strong seasonality is besides evident from the information that successful land and coastal areas, such arsenic the South Aegean, 2,188 positions were lost, arsenic was the lawsuit successful the Ionian Islands (-758). On the contrary, areas with administrative oregon acquisition activities grounds an summation successful caller jobs.

Of course, the wide effect for 2025 remains highly promising. Net caller jobs successful January-August exceeded those recorded successful the corresponding play past year (299,148) by 18,153.

This affirmative trend is attributed to the summation successful employment successful high-demand sectors, the gradual de-escalation of unemployment, and the continued betterment of the system aft the pandemic and the vigor crisis. Overall, the representation shows that the labour marketplace remains connected a betterment path, and the affirmative equilibrium of the 8 months shows that the employment basal is expanding.