A big part of the drop is because people migrated out of the country.
I’m keeping my fingers crossed for the Greeks, and everyone else in financial difficulty 🤞
Well done, even the virus spike didn’t stop your progress.
I happy that the situation in Greece steadily improves. I have been talking recently with colleague from Thessaloniki and he said, that the situation now is indeed much better. But still this is hard to comprehend. The highest unemployment we (CZ) had, was 8.76%. Now we have 2.9%. 27% must have been insane…
How has the rate of public servants changed?
Since a lot of the debt crisis was the result of so many people being employed there, as it was used as a tool for corruption/nepotism (“if we hire a lot of public servants to cushy desk jobs that get good pay while not having to really do anything they will surely vote for us!”)
Greece’s public sector was a form of corruption that way, so fighting corruption in Greece and firing a lot of people from the public sector go hand in hand. But while it’s easy to scoff at rich people that steal everything it’s harder to do when it’s a relatively normal person whose livelihood depends on a corrupt system. Where there was shit like “out of 13 hospitals which all had tax funded gardeners… only 1 hospital actually had a garden” The other 12 earned a paycheck for doing nothing.
So rather than corruption being “a small chosen elite gets to steal from society” it was “everyone gets to steal from society!”
So ideally the unemployment wasn’t “solved” by just hiring more public servants.
It goes up so fast and comes down so slow.
If you’re philosophical it is a good metaphor of life. Shit can go bad very quickly, and it takes a lot of time and effort to progress.
basically knocked off 1.5% or more per year after 2013, impressive!
Although the reforms imposed by the Troika (EU, ECB, IMF) in the Greek debt crisis were widely critisized in public, they were ultimatively successful, also to the benefit of the Greek people.
I have no sources to doubt this graph, but only what I see while living there.
However I don’t consider getting a government funded position for 6 months while being paid around 600e as real employment.
I don’t believe this graph actually depicts reality.
The crisis and the program imposed upon the greek people brought mostly harm than good.
Also you can just think that Greek politicians faked their entry into the EU.
Why not do that again?
How much of it is due to emigration? Poland experienced a mass outflow of people when we both hit 20% unemployment in the early 00s and entered the EU in a short timespan. Now the unemployment is very low and some have returned, but still a little over 2 milion people are working outside of the country.
Well done Greece!
Good job brothers across the sea! hopefully, financial and political stability will help create better relations.
13 comments
source:[https://greekreporter.com/2023/03/03/unemployment-greece-lowest-since-2009/](https://greekreporter.com/2023/03/03/unemployment-greece-lowest-since-2009/)
A big part of the drop is because people migrated out of the country.
I’m keeping my fingers crossed for the Greeks, and everyone else in financial difficulty 🤞
Well done, even the virus spike didn’t stop your progress.
I happy that the situation in Greece steadily improves. I have been talking recently with colleague from Thessaloniki and he said, that the situation now is indeed much better. But still this is hard to comprehend. The highest unemployment we (CZ) had, was 8.76%. Now we have 2.9%. 27% must have been insane…
How has the rate of public servants changed?
Since a lot of the debt crisis was the result of so many people being employed there, as it was used as a tool for corruption/nepotism (“if we hire a lot of public servants to cushy desk jobs that get good pay while not having to really do anything they will surely vote for us!”)
Greece’s public sector was a form of corruption that way, so fighting corruption in Greece and firing a lot of people from the public sector go hand in hand. But while it’s easy to scoff at rich people that steal everything it’s harder to do when it’s a relatively normal person whose livelihood depends on a corrupt system. Where there was shit like “out of 13 hospitals which all had tax funded gardeners… only 1 hospital actually had a garden” The other 12 earned a paycheck for doing nothing.
So rather than corruption being “a small chosen elite gets to steal from society” it was “everyone gets to steal from society!”
So ideally the unemployment wasn’t “solved” by just hiring more public servants.
It goes up so fast and comes down so slow.
If you’re philosophical it is a good metaphor of life. Shit can go bad very quickly, and it takes a lot of time and effort to progress.
basically knocked off 1.5% or more per year after 2013, impressive!
Although the reforms imposed by the Troika (EU, ECB, IMF) in the Greek debt crisis were widely critisized in public, they were ultimatively successful, also to the benefit of the Greek people.
I have no sources to doubt this graph, but only what I see while living there.
However I don’t consider getting a government funded position for 6 months while being paid around 600e as real employment.
I don’t believe this graph actually depicts reality.
The crisis and the program imposed upon the greek people brought mostly harm than good.
Also you can just think that Greek politicians faked their entry into the EU.
Why not do that again?
How much of it is due to emigration? Poland experienced a mass outflow of people when we both hit 20% unemployment in the early 00s and entered the EU in a short timespan. Now the unemployment is very low and some have returned, but still a little over 2 milion people are working outside of the country.
Well done Greece!
Good job brothers across the sea! hopefully, financial and political stability will help create better relations.