News

Greece Jobless Rate at 8-Month High
The seasonally adjusted unemployment rate in Greece edged up to 17.0 percent in April of 2021 from an upwardly revised 16.8 percent in the previous month, in a month that saw the pandemic advance with record numbers of infections in the country. It was the highest unemployment rate since August of 2020, as the number of unemployed persons rose by 21,990 to 762,553. Meanwhile, the employed population expanded by 38,683 to 3,714,575 and the number of people outside the labor force shrank by 63,733 to 3,391,650. Finally, the jobless rate among people aged between 15 and 24 stood at 46.8 percent.
Published on 2021-07-07

Greece Jobless Rate Decreases in March
The seasonally adjusted unemployment rate in Greece edged down to 16.3 percent in March of 2021 from an upwardly revised 16.6 percent in the previous month, as health authorities extended lockdown measures in the wider Athens region throughout most of the month. The number of unemployed persons shrank by 18,384 to 714,779 and the employed population retreated by 13,614 to 3,679,530. Meanwhile, the number of people outside the labor force has gone up by 29,325 to 3,477,133. The age group 15-24 remained the most affected by unemployment (37.5 percent).
Published on 2021-06-11

Greek Jobless Rate Rises to 16% in January
The seasonally adjusted unemployment rate in Greece rose to 16.0 percent in January of 2021 from a downwardly revised 15.6 percent in the previous month, as regulatory measures introduced to tackle the COVID-19 pandemic affected the normal functioning of the labor market. The number of unemployed persons remained marginally unchanged at 714,809 (-142), while the number of employed persons decreased to 3,760,313 (-119,643) in comparison with the prior month. Importantly, the number of persons outside the labor force soared by 5.9 percent year-on-year in January. The age group 15-24 remains by far the most affected by unemployment (43.4 percent).
Published on 2021-05-17

Greek Jobless Rate Falls to 10-Month Low in December
The seasonally adjusted unemployment rate in Greece decreased to 15.8 percent in December of 2020 from 16.2 percent in the previous month. It was the lowest jobless rate since February, as the number of unemployed persons decreased by 24,332 to 726,360 and employed persons by 12,697 to 3,880,364. The age group 15-24 remains the most affected by unemployment (34.2 percent). Across the country's regions, the highest rates of unemployment were recorded in Aegean Islands (18.8 percent) and Epirus-Western Macedonia (18 percent).
Published on 2021-03-17

Greece Jobless Rate at 7-Month Low
The seasonally adjusted unemployment rate in Greece declined to 16.2 percent in November of 2020, from a downwardly revised 16.4 percent in October. The number of unemployed persons decreased by 15.8 thousand to 753.5 thousand and employed persons by 24.5 thousand to 3.894 million. The age group 15-24 remains the most affected by unemployment (34 percent). Across the country's regions, the highest rates of unemployment were recorded in Epirus-Western Macedonia (19.5 percent) and Aegean Islands (17.8 percent).
Published on 2021-02-11

Greece Jobless Rate Unchanged at 16.7%
The seasonally adjusted unemployment rate in Greece was unchanged at 16.7 percent in October of 2020, the same as an upwardly revised 16.7 percent in September. The number of unemployed persons increased by 39 thousand to 786 thousand and employed rose by 44.3 thousand to 3.925 million. The age group 15-24 (35 percent) remains the most affected by unemployment. Across the country's regions, the highest rates were recorded in Epirus-Western Macedonia (22.2 percent) and Aegean Islands (20.6 percent).
Published on 2021-01-15

Greek September Jobless Rate Falls to 5-Month Low
The seasonally adjusted unemployment rate in Greece decreased to 16.1 percent in September of 2020 from a downwardly revised 6.5 percent in the previous month, the lowest since April. The number of unemployed persons fell by 9,645 from August, or 1.3 percent to 747 thousand while employed rose by 47,423, or 1.2 percent to 3.881 million. The age group 15-24 (33 percent) remains the most affected by unemployment. Across the country's regions, the highest rates were recorded in Epirus-Western Macedonia (19.3 percent), Crete (19 percent) and Macedonia-Thrace (17.5 percent).
Published on 2020-12-10

Greek Jobless Rate Falls to 4-Month Low
The seasonally adjusted unemployment rate in Greece decreased to 16.8 percent in August of 2020 from an upwardly revised 17 percent in the previous month, the lowest since April. The number of unemployed people fell by 13,914 from July, or 1.8 percent to 771.3 thousand and employment went down by 18,159, or 0.5 percent to 3.821 million. Across the country's regions, the highest rates were recorded in Crete (20.1 percent), Peloponnese, Western Greece & Ionian Islands (19.2 percent), Epirus-Western Macedonia (19.1 percent) and Macedonia-Thrace (18.7 percent).
Published on 2020-11-05

Greek Jobless Rate Drops from 15-Month High
Greece's unemployment rate decreased to 16.8 percent in July of 2020 from a downwardly revised 18 percent in the previous month, which was he highest since March. Although in July the suspension of the operation of businesses that had been applied in the past months, in the context of the measures taken to protect public health and tackle the COVID-19 pandemic, were lifted, specific regulatory measures were implemented regarding the operation of businesses, which affected the functioning of the market. The number of unemployed people fell by 69,395 from June, or 8.2 percent, to 773.6 thousand, while employment rose by 10,700, or 0.3 percent, to 3.844 million. By region, the highest rates were recorded in Crete (20.9 percent), Epirus-Western Macedonia (20.2 percent), Peloponnese, Western Greece & Ionian Islands (19.6 percent) and Aegean Islands (19.6 percent).
Published on 2020-10-08

Greece Unemployment Rate Rises to 18.3%
The jobless rate in Greece jumped to 18.3 percent in June of 2020 from 17.3 percent in July, reaching the highest since February of 2019, as the labour market continues to be affected by the coronavirus pandemic. The number of unemployed rose by 58,146 persons to 836.6 thousand while those employed went up by 11,640 to 3.744 million. Those inactive declined by 72,265 to 3.3 million.
Published on 2020-09-10

Greek Jobless Rate Rises to 10-Month High of 17%
Greece's unemployment rate rose to 17 percent in May of 2020 from an upwardly revised 15.7 percent in the previous month, the highest since July of 2019. Due to the measures taken to protect public health and tackle the COVID-19 pandemic, the labour market was affected because of the suspension of the operation of businesses in many sectors of the economy, mainly in the service sector, and the limitations in the population movements. The number of unemployed people increased by 48,444 from April, or 6.8 percent, to 764.9 thousand, while employment fell by 128,924, or 3.3 percent, to 3.729 million. By region, the highest rates were recorded in Crete (23.1 percent), Aegean Islands (22.1 percent), Thessaly – Sterea Ellas (18 percent) and Macedonia-Thrace (17.5 percent).
Published on 2020-08-06

Greek Jobless Rate Climbs to 15.5% in April
Greece's unemployment rate rose to 15.5 percent in April 2020 from an upwardly revised 14.5 percent in the previous month, as the measures taken to protect public health and tackle the COVID-19 pandemic hit the labor market. The number of unemployed people increased by 52,717 from March, or 8.0 percent, to 708.7 thousand, while employment fell by 23,820, or 0.6 percent, to 3.859 million. By region, the highest rates were recorded in Crete (23.6 percent), Thessaly – Sterea Ellas (17.9 percent) and Macedonia-Thrace (17.0 percent).
Published on 2020-07-09

Greece Jobless Rate Lowest since 2010 in March
The seasonally adjusted unemployment rate in Greece dropped to 14.4 percent in March of 2020 from a downwardly revised 15.9 percent in the previous month. It was the lowest jobless rate since November of 2010, as the number of unemployed fell to 653.7 thousand from 771.6 thousand in February and the number of employed increased to 3.81 million from 3.77 million. The unemployment rate was higher among those aged 15-24 (32.4 percent) and lower for those aged 65-74 (7.4 percent).
Published on 2020-06-11

Greek Jobless Rate Falls to Nearly 9-Year Low in February
The seasonally adjusted unemployment rate in Greece dropped to 16.1 percent in February 2020 from a downwardly revised 16.2 percent in the previous month. It was the lowest jobless rate since March 2011, as the number of unemployed persons fell by 13.527 thousand to 745.9 thousand. Meantime, the number of employed decreased by 28.467 thousand to 3.89 million. Considering the same month of 2019, young people in the 15-24 age group continued to be the most affected among the unemployed (35.6 percent vs 36.5 percent), despite the rate has been declining over the years. Across the country's regions, the lowest jobless rates were recorded in Aegean Islands (13.6 percent) and Crete (13.8 percent) while Epirus-Western Macedonia (21 percent) registered the highest.
Published on 2020-05-07

Greek Jobless Rate Steady at Near 9-Year Low of 16.4%
The seasonally adjusted unemployment rate in Greece remained unchanged at 16.4 percent in January of 2020, its lowest level since April of 2011. The number of unemployed persons decreased by 0.4 thousand from the prior month to 767 thousand while employed were barely unchanged at 3.91 million. Considering the same month of 2019, young people in the 15-24 age group continued to be the most affected among the unemployed (32.4 percent vs 39.2 percent), despite the rate has been declining over the years. Across the country's regions, the lowest unemployment rates were recorded in Aegean Islands (12.9 percent) and Crete (13 percent) while Epirus-Western Macedonia (19.8 percent) registered the highest rate.
Published on 2020-04-09

Greek December Jobless Rate Nears 9-Year Low of 16.3%
The seasonally adjusted unemployment rate in Greece dropped to 16.3 percent in December of 2019 from 16.5 in the prior month and compared to 18.5 percent in December of 2018. This was the lowest jobless rate since March of 2011, as the number of unemployed went down by 12.3 thousand from the prior month to 759 thousand while employed decreased by 6.34 thousand to 3.90 million. Considering the same month of 2018, young people in the 15-24 age group continued to be the most affected among the unemployed (34.7 percent vs 39.4 percent), despite the rate has been declining over the years. Across the country's regions, the lowest unemployment rates were registered in Crete (11.3 percent) and Aegean Islands (13.7 percent vs 16.1 percent while Epirus-Western Macedonia (19.8 percent) recorded the highest rate.
Published on 2020-03-05

Greece Jobless Rate Falls to 8-1/2-Year Low of 16.5%
The seasonally adjusted unemployment rate in Greece decreased to 16.5 percent in November 2019 from 16.6 percent in the previous month and compared to 18.6 percent in November 2018. It was the lowest jobless rate since April 2011, as the number of unemployed fell by 8.70 thousand from the prior month to 772.6 thousand while employed dropped by 6.99 thousand to 3.91 million. Considering the same month in 2018, young people in the 15-24 age group continued to be the most affected among the unemployed (36.1 percent vs 39.7 percent), despite the rate declined in all age groups. Across the country's regions, the lowest unemployment rates were reported in (12.7 percent), Attica (15.3 percent) and Peloponnese, Western Greece & Ionian Islands (16.6 percent). In contrast, Epirus-Western Macedonia (19.7 percent) and Macedonia-Thrace (18.7 percent) registered the highest rates.
Published on 2020-02-06

Greek Jobless Rate Drops Further to 16.6% in October
The seasonally adjusted unemployment rate in Greece fell marginally to 16.6 percent in October of 2019 from 16.8 percent in the previous month and compared with 18.5 percent in October of 2018. This is the lowest jobless rate since April 2011, as the number of unemployed decreased by 12.3 thousand to 781 thousand while employed fell by 0.71 thousand to 3.93 million. Considering the same month in 2018, young people in the 15-24 age group continued to be the most affected among the unemployed (35.6 percent vs 39.4 percent), despite the rate declined in all age groups. Across the country's regions, the lowest unemployment rates were reported in Crete (11.9 percent), Aegean Islands (14.4 percent) and Attica (15.6 percent). In contrast, Epirus-Western Macedonia (19 percent) and Macedonia-Thrace (18.5 percent) registered the highest rates.
Published on 2020-01-09

Greek Jobless Rate Lowest Since 2011
The seasonally adjusted unemployment rate in Greece dropped to 16.8 percent in September of 2019 from 16.9 percent in the previous month and compared with 18.8 percent in September of 2018. This is the lowest jobless rate since April of 2011.
Published on 2019-12-20

Greek Jobless Rate Nears 8-1/2-Year Low of 16.7%
The seasonally adjusted unemployment rate in Greece dropped to 16.7 percent in August of 2019 from 16.9 percent in the previous month and compared with 18.9 percent in August of 2018. This is the lowest jobless rate since April of 2011.
Published on 2019-11-07