Greek jobless rate double that of Eurozone: Over 60% of young workers unemployed
http://rt.com/news/greece-unemployment-economy-austerity-226/
Tensions are running high in Greece as the country’s workers suffer from unemployment rates that are double the rest of the eurozone’s. More than 60 percent of Greece’s young workers are unemployed, according to new data.
The information, released by the Hellenic Statistical Authority, revealed that the country’s unemployment rate jumped from 26.6 percent last October to 27 percent in November. Other Eurozone nations hovered at an average unemployment rate of 11.7 percent in November.
Greece’s unemployment numbers are around double what they were in the beginning of 2010. That comes as a result of more than 300,000 Greeks losing their jobs between November 2011 and November 2012.
Young workers are suffering the most – the unemployment rate for those aged 15 to 24 sits at a whopping 61.7 percent. The 25 to 34 age bracket takes second place, with 36.2 percent unemployment.
In the months between November 2011 and November 2012, a reported 323,808 people lost their jobs – an astounding 887 people per day.
“This is starting to become a humanitarian crisis – something that no one expected to see in the European Union,”former Greek MP Eva Kaili told RT.
Greece is currently under strict austerity measures demanded by the EU and the International Monetary Fund in exchange for huge bailout loans. The effects have been widespread among workers throughout the entire country.
“We have 250,000 people every day trying to get to the church to find food. We’re talking about young people that cant find a job in Greece, that are trying to leave the country. We’re talking about people that don’t have access to primary health services,” Kaili said.
But the Greek Finance Ministry has claimed there is a silver lining in its future budget plans, and that the country’s economy is expected to grow in 2014 – for the first time since the country entered a recession six years ago.
However, experts aren’t so quick to believe the government’s economic forecast.
“The eurozone is headed for deeper, more intense, and much less retractable trouble in 2013. There is no foreseeable way for the region to recover as it exists today in its current form,” economic expert Margaret Bogenrief from ACM Partners told RT last month.
Greece is due another 5.6 billion euros in aid next month – but Kaili says the large sum won’t go very far.
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and i bet that figure is underestimated as well..its always worse than the official figures because they rely on people advising of their status..some will have just given up completely..
401
Half – a – World Apart
India and America are half-a-world apart but their concerns are the same
In his first Republic-day address , Indian President Pranab Mukherjee said :
“ The young cannot dream on an empty stomach. They need jobs “
In far away America , President Barack Obama spoke :
“ Jobs will follow, wherever they find talent; whether to Kolkatta or to Cleveland “
This how American Bureau of Labor Statistics ( United States Department of Labor ) reports :
“ The number of unemployed persons, at 12.3 million, was little changed in January “
As far as India is concerned , here is what National Sample Survey Organization ( NSSO ) reports :
India’s unemployment rate fell to 6.6% in 2009-10 from 8.2% in 2004-05. The general perception is that unemployment in India is high, but the actual numbers seem reasonable. That’s because self-employment accounts for about 60% of India’s employed population.
Given the lack of viable employment opportunities, a large number of Indians opt for self-employment. And a big chunk of this includes low-paying activities like hawking magazines and flowers at traffic signals.
Casual workers — who get jobs at times and remain unpaid at other times — account for 30%
Only 10% of the working population are regular employees.
Given the scarcity of opportunities, higher youth unemployment shouldn’t come as a surprise.
Apparently there is a mismatch between NSSO survey and
Indian Population Register, according to which India’s population is growing at 15 million / year
Ministry of Labour , according to which 42 million youth are registered with 966 Employment Exchanges , all over the country
Ministry of Human Resource , according to which , some 3.5 million students graduate from Indian colleges each year but only 10% find jobs
When will our politicians realize that it is JOBLESSNESS which is the root cause of all militancy / aggression / violence / conflict / protest etc in our society ?
If they did , they would stop crying hoarse about corruption and make “ JOB CREATION “ , their ONE POINT manifesto , for 2014 National Election !
And the political party that does, will get absolute majority in the Parliament !
Are UPA / NDA listening ?
With regards
hemen parekh
http://www.CustomizeResume.com
Jobs for All = Peace on Earth
Good link friend. Yes when there are no jobs you will break down the society. And they include small part time jobs as employment to keep numbers down. I don’t believe any of the figures. My country says 6% but all surveys say 10-11%.
hmmmm. i just realized something. i’m for 100% unemployment. corporations should be abolished, all crown and elite lands should be seized, and every individual should start a business doing something useful. problem solved!
Oh I think I like this idea a whole lot.
We own 2 biz and are the owner-operators. We sub-contract other owner-ops if we need help…our biz’s are helpful, useful and ever changing to the needs of our people. We produce.
When the going gets tough, we adapt and overcome.
It isn’t that hard.
These countries have been screwed heavily by the bankers.
they do not want to let us do something useful, and will continue to use all means possible to let us set aside, and they have no scruples. they never left us an easy road.
and each day they have more power, because there is no real union between human beings, and that is lack of love, and abundance of lies, vanity, envy, greed … and do not know whether we are dealing with good or bad, because there are many who sold his soul.
the most important thing is not to stop being yourself. look within ourselves to find the answers.
Next time I premonition that something that will affect everyone is about to happen, I’ll leave a note on your blog Seeker.
I think this Easter, they want to kill Jesus, once and for all, in the hearts of human beings. From the carnival, (Benedict XVI) to Easter, incomparable dates for the new pope.
Who come into the city of Jerusalem .. “new”?
What about the new era? now I thinking … someone will announce, officially, the new era.
and it is necessary to think everything that affects my neighbor anytime also going to affect me. and my neighbor can also be at the other end of the world. Lots to do, together. isolate us is what they keep trying. Weeds absorb all substances in the fruits, to asphyxiation, but they, first pick the fruit and then kill the farmer. “they” want to own everything, and there is one who wants the souls of humans.
Some strange things are happening in the Vatican.
step by step. they can not accelerate events.
still has to happen some things they want to ignore. they will be unable to do so as they would like.
God is above.