New data released by Eurostat today reveals that Greece stands out in the European Union with a staggering 31% of its workforce considered overqualified for their current positions. This statistic places Greece second only to Spain (36%) and Cyprus (30%) in terms of the proportion of highly qualified individuals working in roles that do not require their level of education.
The report highlights a broader trend across the EU, where 22% of workers are deemed overqualified, with a slightly higher rate among women (23%) compared to men (21%). This phenomenon particularly affects countries such as Spain, Greece, and Cyprus, while Luxembourg boasts the lowest rate of overqualification at just 5%.
Additionally, the data shed light on employment trends across the EU in 2023, showing a record-high employment rate of over 75% among citizens aged 20 to 64. Notable leaders in employment rates include the Netherlands (84%), Sweden (83%), and Estonia (82%), while Greece finds itself among the countries with the lowest rates, alongside Italy and Romania.
(Source: Kathimerini)