Greece ranks first in Europe on job insecurity, one-third worry over jobs

The Nielsen Consumer Confidence report for the third quarter of 2018 indicated that the consumer confidence level in Greece was 68 points (a one-point increase on the previous quarter), whereas in Europe overall that number was 87 points.

The report indicates that 72 percent of Greeks believe the country is still in economic recession.

The same percentage doubts that Greece will not manage to exit the economic crisis in the next 12 months.

Job insecurity

Among European countries, Greece ranks first in terms of job insecurity, as one-third are worried about their jobs, while 28 percent are worried about the economy overall, 26 percent are worried about their personal health, and 23 percent are worried over their debts.

In the third quarter of 2018, 12 percent of Greeks were worried about the crime rate, making that the fifth-ranking cause of concern for the population, whereas the European average is seven percent.

Making ends meet

About seventy percent of Greeks are constantly trying to limit the expenditures of their household.

The top three ways of cutting costs for Greek households were purchasing cheaper fast-moving consumer products (71 percent), cutting spending on entertainment/recreation outside the home (62 percent), and expenditures on clothing (56 percent).

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