This chapter explains the Greek labour market, focusing on the issue of employment and unemployment. It discusses the level of real unemployment is estimated, using the Labour Force Survey (LFS) data. The chapter analyses conditions concerning work-time and overtime. The examination of the conditions regarding work-time, part-time and full-time employment and unpaid overtime disputes the Neoclassical explanation of the labour market function and verifies the Marxist one. The interesting fact is that unemployment rates increased analogously for every age group, despite the fact that they were already very high for young people even before the crisis. As is acknowledged, LFS and the statistical surveys in general follow the standards of the International Labour Organization (ILO) have as a precondition, among others, the continuous search for job for jobless person to be registered as unemployed. The force of high unemployment is used to minimize the wages, value of labour power and other aspects of labour market conditions against interests of workers.