Greece lost a total of 41,903 jobs in March, meaning that the country’s employers reacted swiftly to the coronavirus pandemic. The dramatic cuts in staffing levels were felt mainly in tourism and food services. It’s a tough blow for an economy whose record for a one-month period was previously 7,564 in March 2012 at the height of the fiscal crisis in 2012, according to the Labor Ministry’s Ergani hirings database. Things could have been worse, however, if the the government hadn’t stepped in and promised support to companies that held on to the workers. The initial wave of layoffs ended March 21, according to the government.
