Half of New Greek Jobs are Part Time and Underpaying

Wednesday, June 14th, 2017
Last Update: 15:50

One half of new jobs in Greece’s private sector are part-time and pay below minimum wage, according to figures released by ERGANI.

May figures look promising regarding the number of hirings, but the wages are low and half of the jobs are part-time and in most cases on flexible, rotating schedules. In most full-time jobs, employees work for more than 10 hours per day with no overtime.

Official data show that 924,321 jobs were created in the January-May 2017 period, of which 459,888 are full-time and 464,433 positions are part-time.

Of the full-time jobs, according to the findings, more than 70% pay slightly above or below minimum wage (586 euros gross per month). In the labor market:

*One in five workers (about 500,000) work uninsured.*Approximately 300,000 workers are also self-employed, taking full responsibility for paying insurance contributions.

*Approximately 200,000 employees work eight a day in practice, but they are registered as part-time employees.

*Approximately 900,000 Greeks employed in the private sector work regularly but they receive their pay with a delay of one to fifteen months.

Τhe ERGANI informatiobn system records in real time, every day and in every region of Greece, the flow of employment, i.e. hirings and dismissals, with specialization at the level of a region, a branch of economic activity, size of a company, contract type, demographic characteristics of employees etc.

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