Record dis­missals seen in July

Cli­mate of in­se­cu­rity and cap­i­tal con­trols see busi­nesses in Greece fir­ing more staff than they hire

Kathimerini English - - Front Page - ROULA SALOUROU

Cap­i­tal con­trols have been blamed for a new 15-year high in dis­missals for July of this year. Ac­cord­ing to the La­bor Min­istry’s Er­gani data­base, dis­missals sur­passed new hires by 16,658 last month. A cli­mate of in­se­cu­rity has also changed the na­ture of work.

Ac­cord­ing to the min­istry, out of 143,972 new hires in July, only 16.1 per­cent or 23,127 were for full-time po­si­tions. The ma­jor­ity (47.3 per­cent or 67,714 po­si­tions) were on ro­tat­ing con­tracts, with the re­main­ing 53,131 (36.9 per­cent) be­ing part­time. The shift is ex­pected to have a dra­matic im­pact on rev­enues for pen­sion funds.

The re­duc­tion in new jobs dur­ing the sum­mer pe­riod, which in Greece nor­mally go up due to the in­crease in tourism, show that 29,933 po­si­tions were lost within one year. In July 2014, full-time em­ploy­ment stood at 48.22 per­cent, three times this year’s fig­ure.

Dis­missals out­num­bered new hires by 16,658, to­tal­ing 160,630 com­pared to 143,972 for July 2014. The fig­ures stand in con­trast to the pre­vi­ous five months when hires out­num­bered dis­missals. In Fe­bru­ary, new hires reached 15,124 while in March the fig­ure was 22,313. The fig­ures for April were even bet­ter due to Easter and the spring tourism sea­son, with the bal­ance in new po­si­tions at 80,223 in April and 86,146 for May. In June, 8,590 new hires were shown.

An in­di­ca­tion of how busi­nesses re­acted to the cap­i­tal con­trols is that be­tween July 1 and 3 alone 16,973 po­si­tions were lost. The largest num­ber of dis­missals oc­curred in the 30-44 age group, with a re­duc­tion of 17,478 po­si­tions over the month. In con­trast, the 15-24 age group showed a pos­i­tive bal­ance of 12,931 po­si­tions in July as busi­nesses chose younger and cheaper em­ploy­ees. The ma­jor­ity of po­si­tions


1.1029 were lost in the At­tica re­gion.

The ed­u­ca­tion sec­tor showed the most dis­missals (21,225). The cater­ing sec­tor had a pos­i­tive bal­ance of 9,326 po­si­tions, lower than last year’s fig­ure of 15,958. A pos­i­tive bal­ance of 6,855 po­si­tions was also seen in the ac­com­mo­da­tion sec­tor, down from last year’s 9,247, and in the food pro­duc­tion in­dus­try (5,530 po­si­tions this year ver­sus 6,503 last year).

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