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Tuesday, November 4, 2014

Greece Tops Layoffs in European Union

A new EU Commission report called European Vacancy and Recruitment Report 2014, shows that Greece is one of the European countries that tops the list of layoffs after the crisis began. Greece being first in unemployment also exhibits the least propensity to hire. Germany has the largest percentage of open positions among EU members with 2.5%, followed by Finland, Austria, the UK, and Sweden. The Commission believes that a drop in vacant positions is due to a fall in entrepreneurial activity, while the high percentage of vacancies shows that there are signs of improvement in the economy. Greece has the worst track record in terms of hiring the unemployed among EU members (8th from the bottom); from among 1.2 million unemployed persons in the country, only 77,000 managed to be rehired. The top five countries in terms of hirings are Austria, Sweden, Finland, Denmark, and Germany. Greece is also the country were hiring highly skilled personnel far exceeded hiring less skilled employees. In numbers hired, the jobs with the greatest vacancies filled are retail salespersons (3 million hired), hotel personnel (2.3 million hired), waiters (1.8 million), personal care staff (1.4 million hired), and construction workers (1.1 million hired). European youth are mainly hired as waiters, office staff, health care professionals, cooks, and agricultural workers. According to the European Commission report, hirings in the health sector topped in countries such as Luxembourg, Cyprus, Malta, Italy and Latvia. Greece however, noted the highest rate of layoffs in this sector. In the sector of education, countries such as Luxembourg, Great Britain, Portugal, Austria and Slovakia noted the an increase in hirings, while in the sector of new technologies, Luxembourg , Hungary, Latvia, Poland, Bulgaria and Estonia noted a rise. Cyprus, along with Austria, Latvia, Ireland and Finland recorded the largest number in hirings in the engineering sector. As regards to the financial sector, the list of countries that are found in the first places are Latvia, Lithuania, Belgium, Ireland and Luxembourg.


READ THE ORIGINAL POST AT greece.greekreporter.com