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> Economy

According to ManpowerGroup survey, 24 pct of Greek employers see rise in employment prospects

Greek exports are accelerating due to a strong recovery of the international economy

Newsroom June 12 04:33

An increase of their workforce is expected by 24 pct of Greek employers in the next three months, with a four percent expecting a decline and 70 pct expecting no change, ManpowerGroup said in a quarterly survey released on Tuesday.

On a seasonally adjusted basis, employment prospects are up 15 pct, relatively unchanged compared with the previous quarter and up three percentage points compared with the same period in 2017.

“In Greece, a recovery in economic activity is finally gaining ground. Greek exports are accelerating due to a strong recovery of the international economy and the beginning of the tourism season is expected to give a further boost to employment and retail sales. The labour market appears to be opening, with a positive impact for growth and job creation. Lack of talent remains the basic challenge for Greek enterprises and it is more important than ever to follow a strategy of ‘brain inflow’ that will include development of talent and skills,” Babis Kazantzidis, general commercial director in ManpowerGroup Greece said in an announcement.

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The survey said that nine sectors of economic activity expected increases in their workforce, led by agriculture (+23 pct), transport & communication (+19 pct), electricity, natural gas & water (+18 pct) and commerce (+18 pct). The financial services, insurance, real estate and tourism sectors recorded a 14 pct rise in hiring expectations, while the construction sector recorded the weakest expectations (+6.0 pct).

Employers in large enterprises see a 26 pct increase in employment prospects, in medium-sized enterprises prospects were up 15 pct, while small and very small enterprises prospects were +12 pct and +11 pct, respectively.

Source: thegreekobserver

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