This is the Greece of the “Constitutional Arc” – Unemployment has tripled since 2008
23/10/2015 15:37
A relevant study by CPER* which was publicly released yesterday, clearly paints a gray picture on employed and unemployment.
Based on the first quarter of 2008, when compared to the same quarter of 2015 it is estimated that 1,062,708 jobs have been lost, with the number of employed over this seven year period reduced from 4,567,154 people, to 3,504,446 people.
It is understood, of course, that the true picture of the labor market is much worse, given that the same period there was more flexible employment and particularly the phenomenon of job rotation. During the same period, the number of registered unemployed increased by 853,969 people, from 418,573 in 2008, to 1,272,541 unemployed in the first quarter of 2015, a figure which indicates that OAED** enrolled much fewer people than those we had in 2008.
With a third in a series of Memorandums, with alternating memorandum enforcing governments acting as the domestic political servants of the international usurers and an increasingly deteriorating situation, such studies are perfectly adapted to the tragic situation of destitution, unemployment and the poverty of the Greek People. A situation, which will continue to expand as long as the rule of all those that, directly or indirectly, have led Fatherland and People in this miserable state continues.
– Giorgos Mastoras
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*CPER = Centre of Planning and Economic Research,
**OAED = The Greek Manpower Employment Organization
