Austerity, Labor Market Reform and the Growth of Precarious Employment in Greece during the Eurozone Crisis

  • Geoff Kennedy University of Oregon


This article examines the relationship between structural reforms commonly referred to as austerity and the growth of precarious labour in Greece. It argues that, in contrast to the proponents of labour market flexibility, the liberalisation of labour markets, employment protection systems, social protection systems and collective bargaining institutions have not increased employment in Greece or minimised the growth of precarious employment. Rather, liberalising structural reforms have resulted in the creation of the very precarity its proponents claim is the product of rigid labour markets, and they have failed to significantly reduce existing levels of unemployment and increasing employment rates.

Author Biography

Geoff Kennedy, University of Oregon
Geoff Kennedy teaches political economy in the Political Science Department at the University of Oregon. His research addresses collective bargaining institutions and labour markets in Southern Europe.