Research Institute of Retail Consumer Goods: Employment in retail food sector up in 2016

Employment in the retail food sector grew 2.7 pct in 2016, reflecting higher employment in supermarkets, the Research Institute of Retail Consumer Goods (IELKA) said on Tuesday.

In a report, IELKA said the sector created 10,000 new job positions in the 2015-2016 period, with employment in the retail food sector amounting 200,000. The report noted that the retail food sector was one of the few economic sectors that managed to raise employment in Greece during the deep recession period. Employment in the sector grew by 7.4 pct in the 2010-2016 period, compared with a 3.8 pct decline in the retail commerce sector and a 13.5 pct in the Greek economy in general.

The retail food sector raised employment by 2.7 pct in 2016, compared with the previous year. IELKA said direct employment in the retail food sector accounted for 4.88 pct of the Greek labour market, up from 4.37 pct in 2010, surpassing sectors such as construction, banks, transport and health.

IELKA attributed this positive development to an increase in mergers and acquisitions, development of new companies in the sector (e-supermarkets, delicatessen, traditional food products), deregulation of distribution channels, new investments on IT and communications and the development and restructuring of the supermarket sector in the 2010-2014 period.

IELKA said supermarket companies were offering job to parts of the population hit more by unemployment, facing larger difficulties in finding jobs, such as young, unskilled workers and women.