Friday December 20 2019
Greek Jobless Rate Lowest Since 2011
ELSTAT | Rafael Gonzalez | rafael.gonzalez@tradingeconomics.com

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.

Compared with the previous month, the number of unemployed went down by 3.6 thousand, or 0.4 percent, to 791.8 thousand while the number of employed persons fell by 1.3 thousand to 3.91 million.

A year ago, the jobless rate was reported at 18.8 percent. The number of unemployed persons fell by 110.6 thousand, or 11.2 percent, whereas employed rose by 61.9 thousand, or 1.6 percent.

Unemployment decreased in the following age groups: 15-24 years (32.4 percent vs 38.1 percent in September 2018); 25-34 years (23.3 percent vs 24.1 percent); 35-44 years (14.5 percent vs 16.8 percent); 45-54 years (13.6 percent vs 15.6 percent); 55-64 years (13.6 percent vs 14.4 percent) and 65-74 years (7.5 percent vs 11.8 percent).

The jobless rate declined for both genders, but was lower for men (13.7 percent vs 14.9 percent) than for women (20.8 percent vs 23.7 percent).

Across the country's regions, the lowest unemployment rates were observed in Crete (11.8 percent), Aegean Islands (14.7 percent) and Attica (16.1 percent). In contrast, Epirus-Western Macedonia (19.4 percent and Thessaly – Sterea Ellas (19.3 percent) registered the highest rates.    




Thursday November 07 2019
Greek Jobless Rate Nears 8-1/2-Year Low of 16.7%
ELSTAT | Luisa Carvalho | luisa.carvalho@tradingeconomics.com

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.

Compared with the previous month, the number of unemployed went down by 9.9 thousand, or 1.2 percent, to 788.3 thousand while the number of employed persons increased by 10.4 thousand, or 0.3 percent, to 3.923 million.

A year ago, the jobless rate was reported at 18.9 percent. The number of unemployed persons fell by 110.2 thousand, or 12.3 percent, whereas employed rose by 69.9 thousand, or 1.8 percent.

Unemployment decreased in the following age groups: 15-24 years (33.1 percent vs 37.6 percent in August 2018); 25-34 years (22.4 percent vs 24.5 percent); 35-44 years (14.8 percent vs 17.0 percent); 45-54 years (13.7 percent vs 15.7 percent) and 55-64 years (13.3 percent vs 15.0 percent). However, it rose slightly in the 65-74 age group (10.8 percent vs 10.0 percent).

The jobless rate declined for both genders, but was lower for men (13.6 percent vs 15.1 percent) than for women (20.7 percent vs 23.6 percent).

Across the country's regions, the lowest unemployment rates were observed in Crete (11.4 percent), Aegean Islands (15.2 percent) and Attica (16.0 percent). In contrast, Thessaly – Sterea Ellas (21.7 percent) and Epirus-Western Macedonia (20.5 percent) registered the highest rates.


Thursday October 10 2019
Greek Jobless Rate Falls to Over 8-Year Low in July
ELSTAT | Luisa Carvalho | luisa.carvalho@tradingeconomics.com

The seasonally adjusted unemployment rate in Greece edged down to 16.9 percent in July 2019 from an upwardly revised 17.1 percent in the prior month and compared with 19.1 percent in July 2018. It is the lowest jobless rate since May of 2011.

Compared with the previous month, the number of unemployed decreased by 11.4 thousand, or 1.4 percent, to 797 thousand while the number of employed persons went down by 10.2 thousand, or 0.3 percent, to 3.909 million. 

A year ago, the jobless rate was recorded at 19.1 percent. The number of unemployed persons declined by 109.6 thousand, or 12.1 percent, whereas employed increased by 59.6 thousand, or 1.5 percent.

Unemployment decreased in all age groups but continued to hit more young people aged 15-24 years (32.9 percent vs 37.8 percent in July 2018) and the 25-34 age group (22.8 percent vs 24.2 percent). Lower rates were mainly registered in the 35-44 age group (14.3 percent vs 17.3 percent); the 45-54 age group (14.3 percent vs 16.0 percent); the 55-64 age group (14.2 percent vs 14.9 percent) and the 65-74 age group (9.3 percent vs 12.7 percent). 

The jobless rate went down for both genders, but was lower for men (13.7 percent vs 15.1 percent) than for women (21.0 percent vs 24.0 percent).

Across the country's regions, the lowest unemployment rates were registered in Crete (9.9 percent), Aegean Islands (14.7 percent) and Attica (16.8 percent). In contrast, Epirus-Western Macedonia posted the highest rate (20.3 percent).



Thursday September 05 2019
Greek Jobless Rate Falls Further to 17% in June
ELSTAT | Luisa Carvalho | luisa.carvalho@tradingeconomics.com

The seasonally adjusted unemployment rate in Greece decreased to 17.0 percent in June 2019 from a downwardly revised 17.1 percent in the prior month and compared with 19.2 percent in June of 2018. It was the lowest jobless rate since May of 2011.

Compared with the previous month, the number of unemployed went down by 6.0 thousand, or 0.7 percent, to 805 thousand while the number of employed persons rose by 5.8 thousand, or 0.1 percent, to 3.928 million.

A year ago, the jobless rate was recorded at 19.2 percent. The number of unemployed persons decreased by 110.1 thousand, or 12 percent whereas employment increased by 80.1 thousand, or 2.1 percent.

Unemployment fell for all age groups but continued to hit more young people aged 15-24 years (35.5 percent vs 38.5 percent) and the 25-34 age group (23.4 percent vs 23.6 percent). Lower rates were mainly observed in the 35-44 age group (14.9 percent vs 17.5 percent); the 45-54 age group (13.9 percent vs 16.1 percent); the 55-64 age group (12.9 percent vs 15.4 percent) and the 65-74 age group (9.0 percent vs 12.5 percent). 

The jobless rate declined for both genders, but was considerably lower for men (13.9 percent vs 15.3 percent in June 2018) than for women (20.9 percent vs 24.1 percent).

Across the country's regions, the lowest unemployment rates were registered in Crete (10.1 percent), Aegean Islands (13.9 percent) and Attica (16.8 percent). In contrast, Epirus-Western Macedonia posted the highest rate (19.3 percent).


Thursday August 08 2019
Greek Jobless Rate Drops to 8-Year Low of 17.2%
ELSTAT | Luisa Carvalho | luisa.carvalho@tradingeconomics.com

The seasonally adjusted unemployment rate in Greece edged down to 17.2 percent in May 2019 from a downwardly revised 17.4 percent in the prior month and compared with 19.4 percent in May of 2018. It was the lowest jobless rate since May of 2011.

Compared with the previous month, the number of unemployed decreased by 10.9 thousand, or 1.3 percent, to 815 thousand while the number of employed persons rose by 6.2 thousand, or 0.2 percent, to 3.923 million.

A year before, the jobless rate was recorded at 19.4 percent. The number of unemployed persons declined by 108.1 thousand, or 11.7 percent while employment went up by 82 thousand, or 2.1 percent.

Unemployment decreased for all age groups but continued to hit more young people aged 15-24 years (33.8 percent vs 38.9 percent) and the 25-34 age group (23.6 percent vs 24.0 percent). Lower rates were mainly registered in the 35-44 age group (15.3 percent vs 17.8 percent); the 45-54 age group (14.2 percent vs 16.4 percent); the 55-64 age group (13.3 percent vs 15.4 percent) and the 65-74 age group (11.0 percent vs 11.4 percent). 

By genders, the jobless rate was lower for men (14.0 percent from 15.6 percent in May 2018) than for women (21.2 percent vs 24.1 percent).

Across the country's regions, the lowest unemployment rates were observed in Crete (9.3 percent), Aegean Islands (13.2 percent) and Attica (17.0 percent). On the other hand, Epirus-Western Macedonia recorded the highest rate (20.2 percent).


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.