[InTime News]
The strong seasonality of the Greek service sector and long-term weaknesses of the domestic labor market allow a few, mainly summer months to determine the final annual result regarding the hiring-layoff balance.
In January, the data of the Ergani system show that 18,744 jobs were lost. This is the seventh consecutive month that job losses have been observed.
However, it has been proven over time that the losses recorded in a large part of the year can be offset by hiring related to the tourism boom. In other words, a few positive months are enough to turn the overall balance into a positive.