Labour and Social Security Minister Niki Kerameus on Friday said that Greece has a lower unemployment rate than Sweden, Estonia, Finland, and Spain, following t
The USA is not comparable because they have illegal immigrants who distort the unemployment rate.
There has to be labor shortage for wages to rise. If employers can, they hire illegal imigrants instead of rising wages.
This means there can be bad employment conditions even with a low unemployment rate. Greece shouldn’t have that problem so living conditions will improve.
Greece was the place Syrians went to, to cross into Europe. It is also a pretty good route coming from Africa via the Middle East. Obviously capitalism ends up exploiting them in Greece, just like in every other country in the world.
The USA is not comparable because they have illegal immigrants who distort the unemployment rate.
There has to be labor shortage for wages to rise. If employers can, they hire illegal imigrants instead of rising wages.
This means there can be bad employment conditions even with a low unemployment rate. Greece shouldn’t have that problem so living conditions will improve.
Greece was the place Syrians went to, to cross into Europe. It is also a pretty good route coming from Africa via the Middle East. Obviously capitalism ends up exploiting them in Greece, just like in every other country in the world.