Greek Part-Time Work Continues To Rise
The full-time employment rate in Greece has been reduced by approximately 500,000 individuals within the last five years, however the amount of part-time job holders has nearly doubled, according to a General Confederation of Greek Labor (GSEE) study.
Since 2010, part-time work has expanded by 90%, with females accounting for 57%. The GSEE's analysis revealed that the quality of work is consistently taking a downfall in Greece, while illicit jobs are on the rise.
This combination is having a negative effect on employee's wages, financial output, and human capital, as determined in the study. The report also stated that growth is not predicted for 2015 or 2016, due to the nation's current financial turmoil.
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