The seasonally adjusted unemployment rate in Greece fell to 13 percent in September of 2021, from 13.9 percent in the previous month. It was the lowest unemployment rate since August of 2010, reflecting a 45,571 reduction in the number of unemployed people to 609,501 and an addition of 8,177 people to the employed population, which totalled 4,081,787. At the same time, the number of people outside the labour force went up by 34,792 to 3,164,361. Still, the jobless rate remained worst among people aged between 15 and 24 at 28 percent. The government's draft 2022 budget projects the jobless rate will fall to 14.3 percent next year from 16 percent in 2021. source: National Statistical Service of Greece
Unemployment Rate in Greece averaged 16.26 percent from 1998 until 2021, reaching an all time high of 27.90 percent in July of 2013 and a record low of 7.30 percent in May of 2008. This page provides the latest reported value for - Greece Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Greece Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.
Unemployment Rate in Greece is expected to be 15.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Unemployment Rate is projected to trend around 14.20 percent in 2022 and 13.80 percent in 2023, according to our econometric models.