State – profit institutions that are to help people find employment
The Labor Force Employment Organization (OAED) is a legal entity governed by public law based in Athens and under the supervision of the Minister of Labor, Social Security and Social Solidarity.
The purpose of the OAED is to implement government policy on employment and the fight against unemployment, to strengthen and facilitate the integration of the country’s human resources into the labor market, unemployment insurance, the promotion of vocational education and training and its linkage with the employment, intellectual and social development of the workforce and its families, granting benefits for housing protection and helping to organize it and its action in order to improve its standard of living. It also participates in the implementation of the National Reform Program and can implement and participate, in accordance with the guidelines of the Ministry of Labor, Social Security and Social Solidarity, in programs deriving from the National Reform Program.
Represents the number of people in the work force who want to work but do not have a job.
Is is stated as a percentage calculated by dividing the number of people who are unemployed by the total work force.
Is made up by those people who want to work.
It excludes people who are retired,disabled and able to work but do not currently looking for a job.
The broadest *two categories of unemployment* are *voluntary* and *involuntary *unemployment. When unemployment is voluntary, it means that a person has left his job willingly in search of other employment. When it is involuntary, it means that a person has been fired or laid off and now must look for another job.
Unemployment is broken down into *3 types. Read more in attached file . *