Unemployment among university graduates in Greece highest in the EU28, survey shows

Unemployment among university graduates in Greece highest in the EU28, survey shows

University graduates in Greece topped the list for the unemployment of young graduates in the EU28, with a 20 pct unemployment rate, while the country ranks 25th based on the annual equivalent net income of university graduates, a survey by the General Confederation of Employees of Greece (GSEE) – the biggest trade union in the country- said on Friday.
The survey also said that those with tertiary education and postgraduate qualifications were more likely to be employed in jobs below their educational level and qualifications.
The unemployment rate among young people aged 20-35 years old (university graduates) in Greece is 20 pct, significantly higher than a 5.0 pct average rate in the EU, while Italy ranks second with 10 pct, said Christos Gioulas, head of KANEP-GSEE, while presenting the survey.
“This means that young graduates are finding it very difficult to enter the labour market, since the domestic labour market offers low-qualification, low-innovation job positions, leading university graduates to go abroad seeking a better job,” Gioulas said.
The annual net income of university graduates was 14,300 euros (25th in the EU), that of secondary education graduates was 9,400 euros (25th position) and elementary and middle school graduates was 7,400 euros (23rd in the EU).