Impact Evaluation of Training and Wage Subsidies for the Unemployed in Greece
This report uses rich administrative data from different registers in Greece to evaluate the impact of two types of active labour market policies (ALMPs): wage subsidies and training for unemployed people. The report finds a positive impact of both types of ALMPs and makes recommendations for further improving the effectiveness of Greece’s ALMPs and strengthening the capacity of the authorities to conduct ALMP impact evaluations. This report is the twelfth in a series of country reports on policies to connect people with better jobs. It was produced as part of the OECD’s project with the European Commission which aims to raise the quality of the data collected and their use in the evaluation of the effectiveness of ALMPs.
Executive summary
The monthly unemployment rate in Greece fell below 10% in the fourth quarter of 2023, well down from 27.7% in 2013 following the global financial crisis. Despite this marked improvement, many labour market challenges remain with its unemployment rate still among the highest in the OECD and the EU. In addition to high overall unemployment and structural challenges like skill mismatches and large seasonal fluctuations in labour demand, labour market disadvantage remains concentrated among certain groups such as youth, older workers, women and people with disabilities.
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