Economic Collapse in Greece and Italy Leads to Wave of Unemployed -- Seeking Refuge Outside These Countries

September 11th, 2013
Economic Collapse in Greece and Italy Leads to Wave of Unemployed -- Seeking Refuge Outside These Countries | One Hour Translation

NICOSIA, Cyprus, Jan 03, 2012 (BUSINESS WIRE) -- With the precipitous drop in the Greek and Italian economy, a conspicuous trend has surfaced in EU countries with the most distressed economies: many individuals have begun applying for jobs outside their native countries. Despite above average multi-lingual capabilities, Europeans are turning to translation services like One Hour Translation ( www.onehourtranslation.com ), the web's leading Professional Translation Service provider, to prevent mistakes that might jeopardize the chance of landing increasingly rare job opportunities.

According to One Hour Translation, usage data from the past six months shows a dramatic increase in the number of resumes being translated from Italy and Greece into the languages of more prosperous countries like Germany and the UK. In 2011, the number of resumes being translated increased 29 percent in Greece and 54 percent in Italy.

Italy's debt-to-GDP ratio is mired at 125 percent, while Greece's is more than 160 percent. One Hour Translation's data shows an unmistakable, direct proportional relationship between the debt-to-GDP ratio and the percentage of Italians and Greeks who are translating their resumes into other languages in search of a Job abroad.

"From Q3 through today, we've noticed a sizeable leap in the number of resumes coming from Italian and Greek customers," said Ofer Shoshan, CEO of One Hour Translation. "Thanks to our 24/7 service and to a community of over 10,000 strong certified translators , One Hour Translation can translate to 57 languages, monitor -- and aid -- the global zeitgeist in an unprecedented way."

When applying for a job outside one's native country, resumes translated accurately through context stand the greatest chance of securing new employment for hopeful and qualified applicants.

About One Hour Translation

One Hour Translation is the web's leading Professional Translation Service, offering professional translation services to thousands of business customers worldwide, 24/7 -- thanks to a community of over 10,000 certified translators. One Hour Translation provides translation services for 60 languages -- a translation process supported by robust technology to assure top quality and speed. One Hour Translation also provides email translation services, professional human translation API, CMS translation plug-ins, e-commerce translation and more. In addition to its translation services, One Hour Translation provides medical and legal transcription services.