Labor Force Participation Rate in Greece increased to 52.20 percent in the third quarter of 2018 from 52.10 percent in the second quarter of 2018. Labor Force Participation Rate in Greece averaged 52.43 percent from 1998 until 2018, reaching an all time high of 53.70 percent in the third quarter of 2009 and a record low of 51 percent in the fourth quarter of 2001.

Labor Force Participation Rate in Greece is expected to be 52.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Greece to stand at 52.90 in 12 months time. In the long-term, the Greece Labor Force Participation Rate is projected to trend around 53.20 percent in 2020, according to our econometric models.

Greece Labor Force Participation Rate
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Greece Labour Last Previous Highest Lowest Unit
Unemployment Rate 18.60 18.60 27.90 7.30 percent [+]
Employed Persons 3883.07 3932.34 4658.20 3438.10 Thousand [+]
Unemployed Persons 862.44 837.10 1384.90 335.60 Thousand [+]
Part Time Employment 337.20 362.50 385.20 158.68 Thousand [+]
Full Time Employment 3557.00 3497.90 4383.59 3153.50 Thousand [+]
Employment Rate 81.83 82.45 93.28 71.29 percent [+]
Long Term Unemployment Rate 13.70 14.50 19.90 3.60 percent [+]
Youth Unemployment Rate 38.50 36.60 60.30 20.00 percent [+]
Labour Costs 78.30 90.00 107.40 48.50 Index Points [+]
Job Vacancies 14466.00 14351.00 51613.00 2825.00 [+]
Minimum Wages 683.76 683.76 876.62 522.00 EUR/Month [+]
Population 10.74 10.77 11.12 8.30 Million [+]
Retirement Age Women 67.00 67.00 67.00 57.00 [+]
Retirement Age Men 67.00 67.00 67.00 57.00 [+]
Labor Force Participation Rate 52.20 52.10 53.70 51.00 percent [+]
Living Wage Family 1070.00 1080.00 1080.00 1030.00 EUR/Month [+]
Living Wage Individual 595.00 600.00 600.00 555.00 EUR/Month [+]
Wages 1060.45 1073.07 1462.20 939.14 EUR/Month [+]
Wages High Skilled 1510.00 1590.00 1710.00 1510.00 EUR/Month [+]
Wages Low Skilled 717.00 868.00 913.00 717.00 EUR/Month [+]
Productivity 98.50 93.20 108.10 70.90 Index Points [+]
Employment Change 0.80 0.40 3.50 -2.70 percent [+]


Greece Labor Force Participation Rate

This page provides - Greece Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Greece Labor Force Participation Rate - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52.20 52.10 53.70 51.00 1998 - 2018 percent Quarterly
NSA




Country Last Previous
United Kingdom 79.00 Sep/18
France 72.30 Sep/18
Indonesia 69.20 Dec/18
Switzerland 68.40 Jun/18
Singapore 67.70 Dec/17
Australia 65.70 Nov/18
Italy 65.70 Nov/18
Canada 65.40 Dec/18
Netherlands 64.20 Jun/18
United States 63.10 Dec/18
Russia 62.90 Nov/18
South Korea 62.20 Dec/18
Japan 61.90 Nov/18
Brazil 61.80 Nov/18
Germany 60.90 Jun/18
Mexico 59.50 Sep/18
South Africa 59.50 Sep/18
Spain 58.73 Sep/18
Euro Area 57.20 Jun/18
Saudi Arabia 56.20 Jun/18
Turkey 53.60 Oct/18
India 52.50 Dec/13
Argentina 46.70 Sep/18


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