Thursday July 11 2019
Greek Jobless Rate Falls to Near 8-Year Low of 17.6%
ELSTAT | Agna Gabriel | agna.gabriel@tradingeconomics.com

The seasonally adjusted unemployment rate in Greece fell to 17.6 percent in April of 2019 from an upwardly revised 18.2 percent in the previous month and compared with 19.8 percent in April of 2018. It was the lowest jobless rate since June of 2011, as the number of unemployed persons dropped by 3.1 percent from the prior month while the number of employed went up by 0.7 percent.

Compared with the previous month, the number of unemployed dropped by 26.9 thousand, or 3.1 percent, to 833.86 thousand while the number of employed persons rose by 26.9 thousand, or 0.7 percent, to 3.892 million. 

A year ago, the jobless rate was recorded at 19.8 percent. The number of unemployed persons declined by 107.3 thousand, or 11.4 percent while employment increased by 75 thousand, or 2 percent. 

Unemployment decreased for almost all age groups and continued to hit more young people aged 15-24 years (30.4 percent from 40.3 percent) and the 25-34 age group (24.2 percent from 25 percent. Lower rates were mainly observed in the 35-44 age group (16.3 percent from 18.2 percent); the 45-54 age group (14.2 percent from 16.2 percent); the 55-64 age group (13.8 percent from 15.8 percent) and the 65-74 age group (12.4 percent from 9.7 percent).

By genders, the jobless rate was lower for men (14.5 percent from 16.1 percent in April 2018) than for women (21.7 percent from 24.4 percent).

Across the country's regions, the lowest unemployment rates were registered in Crete (11.8 percent), Aegean Islands (14.6 percent) and Attica (17.9 percent). On the other hand, Epirus-Western Macedonia recorded the highest rate (20.5 percent).




Thursday June 06 2019
Greek Jobless Rate at Over 7-Year Low of 18.1%
ELSTAT | Stefanie Moya | stefanie.moya@tradingeconomics.com

The seasonally adjusted unemployment rate in Greece fell to 18.1 percent in March 2019 from a downwardly revised 18.4 percent in the previous month. It was the lowest jobless rate since July 2011, as the number unemployed dropped by 1.7 percent while the number of employed rose by 0.2 percent.

Compared with the previous month, the number of unemployed dropped by 1.7 percent to 850 thousand while the number of employed persons rose by 0.2 percent to 3.85 million. 

A year ago, the jobless rate was recorded at 20.2 percent. The number of unemployed persons declined by 10.9 percent while employment went up by 2.1 percent.

Unemployment decreased for almost all age groups but young people aged 15-24 years (40.4 percent from 41.7 percent) and the 25-34 age group (24.3 percent from 25.6 percent) continued to record the highest rates. Lower rates were mainly observed in the 35-44 age group (16.1 percent from 18.5 percent); the 45-54 age group (14.2 percent from 16.6 percent); the 55-64 age group (14.1 percent from 16.0 percent) and the 65-74 age group (8.6 percent from 12.3 percent).

By genders, the jobless rate was lower for men (14.4 percent from 16.4 percent) than for women (22.8 percent from 25.0 percent).

Across the country's regions, the lowest unemployment rates were registered in Crete (13.4 percent), Aegean Islands (17.7 percent) and Attica (17.8 percent). On the other hand, Epirus-Western Macedonia recorded the highest rate (20.9 percent).


Thursday May 09 2019
Greek Jobless Rate Drops to 18.5% in February
ELSTAT | Luisa Carvalho | luisa.carvalho@tradingeconomics.com

The seasonally adjusted unemployment rate in Greece edged down to 18.5 percent in February 2019 from an upwardly revised 18.6 percent in the prior month.

Compared with the previous month, the number of unemployed fell by 0.6 percent to 872 thousand and the number of employed persons was unchanged at 3.83 million. 

A year ago, the jobless rate was recorded at 20.6 percent. The number of unemployed persons decreased by 10.3 percent while employment rose by 2.4 percent.

Unemployment declined for almost all age groups but young people aged 15-24 years (38.8 percent from 46.0 percent) and the 25-34 age group (25.4 percent from 25.3 percent) still struggle to find work. Lower rates were mostly observed in the 35-44 age group (16.2 percent from 18.8 percent); the 45-54 age group (14.7 percent from 16.5 percent); the 55-64 age group (14.3 percent from 17.0 percent) and the 65-74 age group (11.4 percent from 11.5 percent).

By genders, the jobless rate was lower for men (14.8 percent from 16.4 percent) than for women (23.3 percent from 26.0 percent).

Across the country's regions, the lowest unemployment rates were registered in Crete (16.8 percent), Attica (18.1 percent) and Aegean Islands (18.2 percent). In contrast, Epirus-Western Macedonia registered the highest rate (21.6 percent).


Thursday April 11 2019
Greek Jobless Rate Rises to 18.5% in January
ELSTAT | Agna Gabriel | agna.gabriel@tradingeconomics.com

The seasonally adjusted unemployment rate edged up to 18.5 percent in January of 2019 from an upwardly revised 18.4 percent in the previous month.

Compared with the previous month, the number of unemployed increased by 0.5 percent to 873 thousand and the number of employed went down by 0.2 percent to 3.83 million. 

A year ago, the jobless rate was recorded at 20.6 percent. The number of unemployed persons fell by 10.5 percent while employment rose by 1.8 percent.  

Unemployment declined for almost all age groups and continued to hit more young people aged 15-24 years (39.7 percent from 41.9 percent in January of 2018) and the 25-34 age group (24.2 percent from 25.7 percent). Lower rates were also observed in the 35-44 age group (16.4 percent from 19 percent); the 45-54 age group (15 percent from 16.4 percent) and the 55-64 age group (14.4 percent from 16.8 percent). On the other hand, unemployment increased for the 65-74 age group (13 percent from 8.3 percent).

By genders, the jobless rate was lower for men (14.5 percent from 16.5 percent) than for women (23.6 percent from 25.6 percent).

Across the country's regions, the lowest unemployment rates were recorded in Crete (12.4 percent) and Peloponnese, Western Greece & Ionian Islands (18.3 percent). In contrast, Epirus-Western Macedonia registered the highest rate (21.3 percent).


Thursday March 07 2019
Greek Jobless Rate Falls Further to 18% in December
ELSTAT | Luisa Carvalho | luisa.carvalho@tradingeconomics.com

The Greek seasonally adjusted unemployment rate edged down to 18 percent in December 2018 from a downwardly revised 18.3 percent in the previous month. It remains at the lowest level since July 2011.

Compared with the previous month, the number of unemployed went down by 1.9 percent to 852 thousand and the number of employed persons rose by 0.1 percent to 3.87 million.

A year ago, the jobless rate was recorded at 20.7 percent. The number of unemployed persons decreased by 14 percent while employment increased by 2.8 percent.

Unemployment declined for all age groups but continued to hit more young people aged 15-24 years (39.5 percent from 43.1 percent in December 2017) and the 25-34 age group (24.2 percent from 25.7 percent). Lower rates were also observed in the 35-44 age group (16.2 percent from 19.2 percent); the 45-54 age group (14.4 percent from 16.6 percent); the 55-64 age group (13.9 percent from 17.3 percent) and the 65-74 age group (8.7 percent from 11.9 percent).

By genders, the jobless rate was lower for men (14.1 percent from 16.7 percent) than for women (23.1 percent vs 26.0 percent).

Across the country's regions, the lowest unemployment rates were recorded in Crete (8.3 percent) and Peloponnese, Western Greece & Ionian Islands (18.3 percent). In contrast, Epirus-Western Macedonia registered the highest rate (21.1 percent).

Greece's jobless rate remains the highest in the eurozone which decreased to 7.8 percent in December 2018, the lowest level since October 2008, from 7.9 percent in November.



Thursday February 07 2019
Greek Jobless Rate Edges Down to 18.5% in November
ELSTAT | Luisa Carvalho | luisa.carvalho@tradingeconomics.com

The Greek seasonally adjusted unemployment rate dropped to 18.5 percent in November 2018 from an upwardly revised 18.7 percent in the prior month. It is the lowest jobless rate since July 2011.

Compared with the previous month, the number of unemployed decreased by 0.7 percent to 875 thousand and the number of employed persons rose by 0.8 percent to 3.87 million.

A year ago, the jobless rate was registered at 21.1 percent. The number of unemployed persons declined by 12.1 percent while employment increased by 3.7 percent.

Unemployment went down for most of the age groups but continued to affect more young people aged 15-24 years (39.1 percent from 44.3 percent in November 2017) and the 24-34 age group (23.8 percent from 26.2 percent). Lower rates were also observed in the 35-44 age group (16.6 percent from 19.1 percent); the 45-54 age group (15.1 percent from 16.9 percent) and the 55-64 age group (13.7 percent from 17.1 percent). Meantime, the 65-74 age group registered the same rate (11.9 percent from 11.9 percent).

By genders, the jobless rate was lower for men (14.3 percent from 17.2 percent) than for women (23.7 percent from 25.9 percent).

Across the country's regions, the lowest unemployment rates were recorded in Crete (14 percent), Thessaly – Sterea Ellas (18.2 percent) and Peloponnese, Western Greece % Ionian Islands (18.3 percent). In contrast, Epirus-Western Macedonia registered the highest rate (21.6 percent).

Despite the Greek jobless rate has been falling steadily since September 2013 when it hit a record high of 27.8 percent, it remains the highest in the euro zone (7.9 percent in November).


Thursday January 10 2019
Greek Jobless Rate Steady at 18.6%
ELSTAT | Stefanie Moya | stefanie.moya@tradingeconomics.com

The Greek seasonally adjusted unemployment rate was at 18.6 percent in October of 2018, unchanged from the previous month. It remained the lowest jobless rate since July of 2011.

Compared with the previous month, the number of unemployed dropped by 1.3 percent to 876.0 thousand and the number of employed persons fell by 0.8 percent to 3.84 million.

A year ago, the jobless rate was recorded at 21.0 percent. The number of unemployed persons declined by 12.2 percent while employment increased by 2.1 percent.

Unemployment decreased for most of the age groups but continues to hit more young people aged 15-24 years (38.5 percent from 41.3 percent in October 2017) and the 24-34 age group (23.9 percent from 26.0 percent). Lower rates were also seen in the 35-44 age group (16.6 percent from 19.2 percent); the 45-54 age group (15.1 percent from 16.9 percent); the 55-64 age group (14.0 percent from 17.3 percent) and the 65-74 age group (11.6 percent from 12.3 percent).

By genders, the jobless rate was lower for men (15.0 percent from 17.1 percent) than for women (23.1 percent from 25.8 percent).

Across the country's regions, the lowest unemployment rates were recorded in Crete (10.9 percent), Thessaly – Sterea Ellas (18.3 percent) and Aegean Islands (18.6 percent). On the other hand, Epirus-Western Macedonia registered the highest rate (22.2 percent).


Thursday December 06 2018
Greek Jobless Rate at Over 7-Year Low of 18.6%
ELSTAT | Agna Gabriel | agna.gabriel@tradingeconomics.com

The Greek seasonally adjusted unemployment rate dropped to 18.6 percent in September of 2018 from 18.9 percent in the previous month. It was the lowest jobless rate since July 2011.

Compared with the previous month, the number of unemployed declined by 1.1 percent to 887.0 thousand while the number of employed persons increased by 0.5 percent to 3.88 million.

A year ago, the jobless rate was recorded at 20.8 percent. The number of unemployed persons fell by 11.1 percent while employment rose by 2.3 percent.

Unemployment declined for most of the age groups but continues to hit more young people aged 15-24 years (36.6 percent from 40.5 percent in September 2017) and the 24-34 age group (24.3 percent from 25.2 percent). Lower rates were also observed in the 35-44 age group (16.7 percent from 19.1 percent); the 45-54 age group (15.6 percent from 16.9 percent); the 55-64 age group (14.1 percent from 17.7 percent) and the 65-74 age group (9.9 percent from 12.8 percent).

By genders, the unemployment rate was lower for men (14.8 percent from 17.1 percent) than for women (23.4 percent from 25.6 percent).

Across the country's regions, the lowest jobless rates were registered in Crete (12.2 percent), Thessaly – Sterea Ellas (18.3 percent) and Peloponnese, Western Greece & Ionian Islands (18.5 percent). In contrast, Epirus-Western Macedonia recorded the highest rate (23.4 percent).


Thursday November 08 2018
Greek Jobless Rate at 7-Year Low of 18.9% in August
ELSTAT | Luisa Carvalho | luisa.carvalho@tradingeconomics.com

The Greek seasonally adjusted unemployment rate dropped to 18.9 percent in August of 2018 from an upwardly revised 19.1 percent in the previous month, staying at its lowest level since August 2011.

Compared with the previous month, the number of unemployed declined by 0.9 percent to 896.6 thousand while the number of employed persons increased by 0.7 percent to 3.86 million.

A year ago, the jobless rate was recorded at 20.8 percent. The number of unemployed persons fell by 9.6 percent while employment rose by 2.3 percent.

Unemployment declined for most of the age groups but continues to hit more young people aged 15-24 years (36.8 percent from 40.4 percent in August 2017) and the 25-34 age group (24.2 percent from 26.6 percent). Lower rates were also observed in the 35-44 age group (17.1 percent from 18.9 percent); the 45-54 age group (15.8 percent from 16.5 percent); the 55-64 age group (14.8 percent from 17.2 percent) and the 65-74 age group (10.1 percent from 13.0 percent).

By genders, the unemployment rate was lower for men (15.0 percent from 17.4 percent) than for women (23.7 percent from 25.1 percent).

Across the country's regions, the lowest jobless rates were registered in Crete (12.8 percent), Aegean Islands (17.4 percent) and Thessaly – Sterea Ellas (18.6 percent). In contrast, Epirus-Western Macedonia recorded the highest rate (23.5 percent).


Thursday October 11 2018
Greek Jobless Rate Drops Further to 19% in July
ELSTAT | Luisa Carvalho | luisa.carvalho@tradingeconomics.com

The Greek seasonally adjusted unemployment rate decreased to 19.0 percent in July of 2018 from 19.1 percent in the previous month. It was the lowest jobless rate since August of 2011.

Compared with the previous month, the number of unemployed decreased by 1.5 percent to 897.9 thousand while the number of employed persons went up by 0.8 percent to 3.84 million.

A year ago, the jobless rate was reported at 20.9 percent. The number of unemployed persons declined by 10.4 percent while employment rose by 1.2 percent.

Unemployment fell for most of the age groups but still weighed in the 15-24 age group (37.9 percent from 41.1 percent in July 2017) and the 25-34 age group (23.7 percent from 26.3 percent). Lower rates were also observed in the 35-44 age group (17.2 percent from 18.8 percent); the 45-54 age group (16.2 percent from 16.7 percent); the 55-64 age group (14.5 percent from 17.8 percent). Meanwhile, a higher rate was recorded in the 65-74 age group (14.7 percent from 12.8 percent).

By genders, the unemployment rate was lower for men (15.1 percent from 17.5 percent) than for women (23.7 percent from 25.2 percent).

Across the country's regions, the lowest jobless rates were registered in Crete (12.5 percent), Aegean Islands (17.3 percent) and Peloponnese, Western Greece & Ionian Islands (18.3 percent). In contrast, Epirus-Western Macedonia recorded the highest rate (23.3 percent).