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by Zarathustra30
731 days ago
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Isn't Greece's unemployment rate the highest in the E.U.? Yes, they may be "low-quality" workers applying for jobs, but if a company can't find "high-quality," they must make do. How did we lose the art of training new hires? |
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At some point it isn't economical to "make do", because paying for in-training employees eats into margins. Especially if "training" means you have to teach to read and write properly and teach how to do more arithmetic than counting on your fingers. No Greek business is going to squirm at investing a few months of training, but the reality is that many people are lacking years.
Greece has been ranking near last in the EU on some important education metrics (specifically those that affect composition of their workforce, like early leavers and those who never went to school at all) until they recently got their stuff together and did a complete 180, but for now they're still stuck with a workforce whose education isn't a strong match for the kind of work that is available now.
There's very little work for people with tertiary education in Greece, and at the same time there's a large number of people who simply hadn't had any formal education at all or dropped out early. The middle ground is extremely under served.