Article

 

ACTIVE LABOR FORCE, UNEMPLOYMENT RATE AND FERTILITY IN GREECE 
 
by
 
Kostas Velentzas, University of Macedonia
Michalis Xatziprokopiou, University of Macedonia
Yannis Karagiannis, University of Crete
 
JEL classification : J230, J640
 
Abstract
The objective of this paper is to analyze the relationship between the unemployment rate in Greece and the increased female employment. Since the early 1980s it has been an increase in female employment opportunities which progressively resulted in a decrease of fertility rate. In addition, the economic conditions in Greece during the same period were not sufficient to open up new job position with the same rate of increase as in previous decades. As a result, an increase in unemployment rate had have occurred. In the long-run, however, the declining fertility rate is expected to contribute negatively to the magnitude of active labor force, as well as its age composition, and thus, the unemployment rate will tend to decrease.