Thursday September 07 2017
Greek Jobless Rate Falls to a Fresh 5-1/2-Year Low of 21.2%
ELSTAT | Luisa Carvalho | luisa.carvalho@tradingeconomics.com

The Greek seasonally adjusted unemployment rate dropped to 21.2 percent in June 2017 from a downwardly revised 21.5 percent in the previous month and compared with 23.5 percent in June 2016. It is the lowest jobless rate since December 2011, as the number of unemployed declined by 1.3 percent to 1.02 million from the previous month and employment rose by 0.4 percent to 3.78 million. Still, Greek unemployment rate remains more than double the Eurozone's average.

Compared with May, the number of unemployed decreased by 1.3 percent to 1.02 million and the number of employed rose by 0.4 percent to 3.78 million. Meanwhile, the number of inactive persons went down slightly to 3.22 million.

A year earlier, the unemployment rate was recorded at 23.5 percent. The number of unemployed persons fell by 10.2 percent while employment grew by 2.4 percent. The number of inactive persons dropped by 0.2 percent year-on-year.

Unemployment continued to hit mostly people aged 15 to 24, as 43.3 percent of young inactive population was unemployed, a decrease of 3.2 percentage points from the same month in the previous year. In June, all age groups recorded a lower jobless rate when compared to a year earlier.

The unemployment rate for males declined by 1.9 percentage points to 17.9 percent in June and for females it was down by 2.7 percentage points to 25.3 percent. 

Among regions, the highest unemployment rates were reported for Epirus-Western Macedonia (26.9 percent), followed by Macedonia-Thrace (22.6 percent) and Attica (21.3 percent); while Crete recorded the lowest rate (17.4 percent).




Thursday August 10 2017
Greek Unemployment Rate Lowest Since 2012
ELSTAT | Joana Ferreira | joana.ferreira@tradingeconomics.com

The Greek seasonally adjusted unemployment rate edged down to 21.7 percent in May 2017 from an upwardly revised 21.8 percent in the previous month and compared with 23.6 percent in May 2016. It was the lowest jobless rate since January 2012, as the number of unemployed decreased by 0.5 percent from the previous month to 1.04 million and employment rose by 0.1 percent to 3.74 million. Still, Greek unemployment rate remains more than double the Eurozone's average.

Compared with the previous month, the number of unemployed decreased by 0.5 percent to 1.04 million and the number of employed rose by 0.1 percent to 3.74 million. Meanwhile, the number of inactive persons was unchanged at 3.24 million.

A year earlier, the unemployment rate was recorded at 23.6 percent. The number of unemployed persons fell by 8.8 percent while employment grew by 2.1 percent. The number of inactive persons declined by 0.4 percent year-on-year.

Unemployment continued to affect mainly people aged 15 to 24, as 44.4 percent of young active population was unemployed, a decrease of 5.3 percentage points from the same month in the previous year. While the majority of age groups recorded a lower jobless rate when compared to a year earlier, the unemployment rate among people aged 55 to 64 rose further by 1.3 percentage points to 19.8 percent.

The unemployment rate for males decreased by 1.7 percentage points to 18.1 percent in May and for females it was down by 2.3 percentage points to 26.1 percent.

Among regions, the highest unemployment rates were reported for Epirus-Western Macedonia (27.4 percent), followed by Macedonia-Thrace (22.3 percent) and Attica (22.1 percent); while Aegean Islands recorded the lowest rate (16.3 percent).


Thursday July 06 2017
Greece Jobless Rate Lowest Since January 2012
ELSTAT |Luisa Carvalho | luisa.carvalho@tradingeconomics.com

The Greek seasonally adjusted unemployment rate fell again to 21.7 percent in April from a downwardly revised 22 percent in the previous month and compared with 23.6 percent in April 2016. The jobless rate declined by the fourth straight month to the lowest since January of 2012, as the number of unemployed decreased 1.2 percent from the previous month to 1 million and employment rose 0.6 percent to 3.7 million. Still, Greek unemployment rate is more than double the Eurozone's average of 9.3 percent.

Compared with the previous month, the number of unemployed decreased by 12927 persons or 1.2 percent to 1.04 million and the number of employed rose by 23943 persons or 0.6 percent to 3.7 million. In addition, the number of inactive persons went down 0.4 percent to 3.23 million.

A year earlier, the unemployment rate was recorded at 23.6 percent. The number of unemployed persons fell by 8.2 percent while employment rose 2.2 percent. The number of inactive persons declined by 0.7 percent compared with April of 2016.

Unemployment continued to affect mostly people aged 15 to 24, as 45.5 percent of young active population was unemployed, a decrease of 4.4 percentage points from the same month in the previous year. Also, all age groups recorded a lower jobless rate when compared to a year earlier.

By genders, the unemployment rate for males fell by 1.6 percentage points to 18.2 percent in April and for females dropped by 2.1 percentage points to 26.2 percent.

Among regions, the highest unemployment rates were oserved for Epirus-Western Macedonia (27.8 percent), followed by Macedonia-Thrace (22.3 percent), Attica (21.9 percent), Peloponnese, Western Greece and Ionian Islands (21.8 percent), Thessaly-Sterea Ellas (21.6 percent); while Crete recorded the lowest rate (17.3 percent).


Thursday June 08 2017
Greece Jobless Rate Lowest Since 2012
ELSTAT | Luisa Carvalho | luisa.carvalho@tradingeconomics.com

The Greek seasonally adjusted unemployment rate fell sharply to 22.5 percent in March 2017 from a downwardly revised 22.9 percent in the previous month and compared with 23.8 percent in March 2016. It was the lowest jobless rate since February of 2012, as the number of unemployed decreased 1.8 percent from the previous month to 1.1 million and employment rose 0.3 percent to 3.7 million. Still, Greek unemployment rate is more than double the Eurozone's average of 9.3 percent.

Compared with the previous month, the number of unemployed decreased by 19400 persons or 1.8 percent to 1.10 million and the number of employed rose by 11439 persons or 0.3 percent to 3.7 million. Meanwhile, the number of inactive persons went up 0.2 percent to 3.27 million.

A year earlier, the unemployment rate was recorded at 23.8 percent. The number of unemployed persons fell by 6.5 percent while employment rose by 0.9 percent. The number of inactive persons went up only by 0.2 percent compared with March of 2016.

Unemployment continued to hit mainly people aged 15 to 24, as 46.6 percent of young active population was unemployed, a decrease of 3.4 percentage points from the same month in the previous year. While the majority of age groups recorded a lower jobless rate when compared to a year earlier, the unemployment rate among people aged 65 to 74 rose slightly further by 0.7 percentage points to 12.7 percent.

By genders, the unemployment rate for males declined by 0.9 percentage points to 19.1 percent in March and for females fell by 1.9 percentage points to 26.7 percent.

Among regions, the highest unemployment rates were observed for Epirus-Western Macedonia (27.4 percent), followed by Peloponnese, Western Greece and Ionian Islands (23.3 percent), Macedonia-Thrace (22.6 percent), Crete (22.6 percent); while Aegean Islands recorded the lowest rate (17.9 percent).



Thursday May 11 2017
Greek Unemployment Rate Falls To 23.2% In February
ELSTAT | Joana Ferreira | joana.ferreira@tradingeconomics.com

The Greek seasonally adjusted unemployment rate fell to 23.2 percent in February 2017 from a downwardly revised 23.3 percent in the previous month and compared with 23.9 percent in February 2016. The jobless rate reached its lowest level since September last year, as the number of unemployed decreased by 0.6 percent from the previous month to 1.1 million and employment rose by 0.2 percent to 3.7 million. Still, Greek unemployment rate remains more than double the Eurozone's average.

Compared with the previous month, the number of unemployed decreased by 0.6 percent to 1.10 million and the number of employed rose by 0.2 percent to 3.66 million. Meanwhile, the number of inactive persons edged down 0.1 percent to 3.26 million.

A year earlier, the unemployment rate was recorded at 23.9 percent. The number of unemployed persons fell by 3.8 percent while employment rose by only 0.2 percent. The number of inactive persons was nearly unchanged compared with February 2016.

Unemployment contninued to affect mainly people aged 15 to 24, as 47.9 percent of young active population was unemployed, a decrease of 2.7 percentage points from the same month in the previous year. While the majority of age groups recorded a lower jobless rate when compared to a year earlier, the unemployment rate among people aged 65 to 74 rose further by 3.6 percentage points to 14.8 percent.

The unemployment rate for males decreased by 0.6 percentage points to 19.7 percent in February and for females it was down by 0.9 percentage points to 27.5 percent.

Among regions, the highest unemployment rates were reported for Epirus-Western Macedonia (27.6 percent), followed by Thessaly – Sterea Ellas (24 percent) and Peloponnese, Western Greece and Ionian Islands (23.8 percent); while Aegean Islands recorded the lowest rate (17.7 percent).


Thursday April 06 2017
Greek Jobless Rate Steady At 23.5% In January
ELSTAT | Yekaterina Guchshina | yekaterina@tradingeconomics.com

The Greek seasonally adjusted unemployment rate came in at 23.5 percent in January 2017, unchanged from December's revised figure and down from 24.3 percent in January 2016. The number of unemployed decreased by 0.2 percent from the previous month and employment fell 0.2 percent while the number of inactive persons rose 0.2 percent.

Compared with the previous month, the number of unemployed decreased by 0.2 percent to 1.116 million while the number of employed fell by 0.2 percent to 3.639 million. Meanwhile, the number of inactive persons rose 0.2 percent to 3.27 million.

A year earlier, the unemployment rate was recorded at 24.3 percent. The number of unemployed persons fell by 4.1 percent while employment rose only 0.2 percent. The number of inactive persons increased by 0.1 percent.

Unemployment contninued to affect mainly people aged 15 to 24, as 48 percent of young active population was unemployed, a decrease of 2.9 percentage points from the same month in the previous year. While the majority of age groups recorded a lower jobless rate when compared to a year earlier, the unemployment rate among people aged 55 to 64 rose further to 20.2 percent from 19.2 percent.

The unemployment rate for males decreased by 0.9 percentage points to 19.9 percent in January and for females it was down by 0.7 percentage points to 27.9 percent.

Among regions, the highest unemployment rates were reported for Epirus-Western Macedonia (27.4 percent), followed by Macedonia-Thrace (24.6 percent); Thessaly – Sterea Ellas (24.3 percent); Peloponnese, Western Greece and Ionian Islands (24.1 percent); while Aegean Islands recorded the lowest rate (19.6 percent).


Thursday March 09 2017
Greek Unemployment Rate Steady At Nearly 5-Year Low
ELSTAT | Joana Ferreira | joana.ferreira@tradingeconomics.com

The Greek seasonally adjusted unemployment rate came in at 23.1 percent in December 2016, unchanged from November's revised figure and down from 24.1 percent in December 2015. The jobless rate remained at its lowest level since March 2012, as the number of unemployed decreased by 0.2 percent from the previous month and employment fell 0.3 percent while the number of inactive persons rose 0.3 percent.

Compared with the previous month, the number of unemployed decreased by 0.2 percent to 1.10 million while the number of employed fell by 0.3 percent to 3.66 million. Meanwhile, the number of inactive persons rose 0.3 percent to 3.27 million.

A year earlier, the unemployment rate was recorded at 24.1 percent. The number of unemployed persons fell by 5.2 percent while employment rose only by 0.3 percent. The number of inactive persons increased by 0.4 percent.

Unemployment contninued to affect mainly people aged 15 to 24, as 45.2 percent of young active population was unemployed, a decrease of 4.9 percentage points from the same month in the previous year. While the majority of age groups recorded a lower jobless rate when compared to a year earlier, the unemployment rate among people aged 55 to 64 and 65 to 74 rose further to 19.4 percent and 13.2 percent, respectively.

The unemployment rate for males decreased by 1.4 percentage points to 19.5 percent in December and for females it was down by 0.6 percentage points to 27.6 percent.

Among regions, the highest unemployment rates were reported for Epirus-Western Macedonia (26.8 percent), followed by Peloponnese, Western Greece and Ionian Islands (23.9 percent), Thessaly – Sterea Ellas (23.7 percent) and Macedonia-Thrace (23.7 percent); while Aegean Islands recorded the lowest rate (19.5 percent).


Thursday February 09 2017
Greek Unemployment Rate Unchanged At 23% In November
ELSTAT | Joana Ferreira | joana.ferreira@tradingeconomics.com

The Greek seasonally adjusted unemployment rate came in at 23 percent in November 2016, unchanged from October's four-and-a-half year low and down from 24.5 percent in November 2015. The number of unemployed decreased by 0.2 percent from the previous month while employment nearly unchanged.

Compared with the previous month, the number of unemployed decreased by 0.2 percent to 1.10 million while the number of employed was almost unchanged at 3.68 million. The number of inactive persons edged up 0.1 percent to 3.25 million.

A year earlier, the unemployment rate was recorded at 24.5 percent. The number of unemployed persons fell by 6.5 percent while employment rose by 1.4 percent. The number of inactive persons declined by 0.2 percent.

Unemployment contninued to affect mainly people aged 15 to 24, as 45.7 percent of young active population was unemployed, a decrease of 3.2 percentage points from the same month in the previous year. While the majority of age groups recorded a lower jobless rate when compared to a year earlier, the unemployment rate among people aged 55 to 64 and 65 to 74 rose further to 19.3 percent and 12.4 percent, respectively.

The unemployment rate for males decreased by 1.7 percentage points to 19.4 percent in November and for females it was down by 1.2 percentage points to 27.5 percent.

Among regions, the highest unemployment rates were reported for Epirus-Western Macedonia (27.2 percent) and Macedonia-Thrace (24.4 percent), while Aegean Islands recorded the lowest rate (15.8 percent).


Thursday January 12 2017
Greek Jobless Rate At Fresh 4-1/2-Year Low Of 23%
ELSTAT | Yekaterina Guchshina | yekaterina@tradingeconomics.com

The Greek seasonally adjusted unemployment rate declined to 23 percent in October 2016 from a downwardly 23.1 percent in the previous month. It was the lowest jobless rate since March 2012, as the number of unemployed decreased by 0.7 percent while employment edged down 0.2 percent. A year earlier, the unemployment rate was recorded at 24.5 percent.

Compared with the previous month, the number of unemployed decreased by 0.7 percent to 1,102.3 thousand while the number of employed went down by 0.2 percent to 3,688.4 thousand. The number of inactive persons increased by 0.4 percent to 3,245.5 thousand. 

A year earlier, the unemployment rate was recorded at 24.5 percent. The number of unemployed persons fell by 6.8 percent while employment rose by 1.4 percent. The number of inactive persons declined by 0.2 percent.

Unemployment affected mainly people aged 15 to 24 years old as 44.2 percent of young active population was unemployed, a decrease of 4.6 percentage points from the same month in the previous year. While the majority of age groups recorded a lower jobless rate when compared to a year earlier, the unemployment rate among people aged 55 to 64 and 65 to 74 rose further to 19.3 percent and 11.8 percent, respectively.

The unemployment rate for males decreased by 2.1 percentage points to 19.2 percent from 21.3 percent in October 2015 and for females it was down by 0.9 percentage points to 27.7 percent from 28.6 percent a year earlier.

Among regions, the highest unemployment rates were reported for Epirus-Western Macedonia (26.7 percent) and Thessaly – Sterea Ellas (24.6 percent), while Aegean Islands recorded the lowest rate (19.0 percent).


Thursday December 08 2016
Greek Jobless Rate Falls To Lowest Level Since March 2012
ELSTAT | Joana Ferreira | joana.ferreira@tradingeconomics.com

The Greek seasonally adjusted unemployment rate declined to 23.1 percent in September 2016 from a downwardly revised 23.3 percent in the previous month. It was the lowest jobless rate since March 2012, as the number of unemployed decreased by 0.9 percent while employment edged up 0.1 percent. A year earlier, the unemployment rate was recorded at 24.7 percent.

Compared with the previous month, the number of unemployed decreased by 0.9 percent to 1,111.5 thousand while the number of employed rose by 0.1 percent to 3,690.2 thousand. The number of inactive persons was almost unchanged at 3,237.6 thousand. 

A year earlier, the unemployment rate was recorded at 24.7 percent. The number of unemployed persons fell by 6.8 percent while employment rose by 1.7 percent. The number of inactive persons declined by 0.5 percent.

Unemployment affected mainly people aged 15 to 24 years old as 46.1 percent of young active population was unemployed, a decrease of 3 percentage points from the same month in the previous year. While the majority of age groups recorded a lower jobless rate when compared to a year earlier, the unemployment rate among people aged 55 to 64 and 65 to 74 rose further to 17.7 percent and 13.7 percent, respectively.

The unemployment rate for males decreased by 1.5 percentage points to 19.8 percent from 21.3 percent in September 2015 and for females it was down by 1.6 percentage points to 27.3 percent from 28.9 percent a year earlier.

Among regions, the highest unemployment rates were reported for Epirus-Western Macedonia (26.1 percent) and Thessaly – Sterea Ellas (25.4 percent), while Aegean Islands recorded the lowest rate (19.2 percent).