Part-time la­bor’s share has dou­bled in a decade

Kathimerini English - - Focus - ROULA SALOUROU

Part-time em­ploy­ment is the dom­i­nant trend in the lo­cal la­bor mar­ket ,as it has grown by al­most 100 per­cent in the last 10 years to reach 10.5 per­cent of all em­ploy­ment in the first quar­ter of 2017. Even so, the Greek rate is con­sid­er­ably be­low that of other Euro­pean Union states, ac­cord­ing to Euro­stat fig­ures.

Greece, along with Slo­vakia, posted the EU’s big­gest per­cent­age of growth in part-time la­bor from 2010 to 2015. In Greece it ac­tu­ally climbed from 4.7 per­cent in 2005 to 9.3 per­cent in 2015.

Hel­lenic Sta­tis­ti­cal Author­ity (ELSTAT) data put part-time work at 9.9 per­cent for 2016 for em­ployed peo­ple be­tween the ages of 20 and 64, ris­ing to 10.5 per­cent in end-March 2017. In ab­so­lute fig­ures ELSTAT found that 385,200 peo­ple had part­time em­ploy­ment in Jan­uary-March.

A fi­nan­cial bul­letin by the Na­tional Bank of Greece last week showed that about half of the jobs cre­ated in the last three years (or about 68,000) con­cerned part-time em­ploy­ment or time-spe­cific con­tract work, as flex­i­ble forms of la­bor helped ease the coun­try’s em­ploy­ment cri­sis.

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