Greece Unemployment Rate  1998-2018 | Data | Chart | Calendar | Forecast

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, as 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. Unemployment Rate in Greece averaged 16.17 percent from 1998 until 2018, 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.

Greece Unemployment Rate
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Greek Jobless Rate Drops Further to 19% in July


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).


ELSTAT | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
10/11/2018 9:24:55 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-08-09 09:00 AM Unemployment Rate 19.5% 20% 20.1%
2018-09-06 09:00 AM Unemployment Rate 19.1% 19.3% 19%
2018-10-11 09:00 AM Unemployment Rate 19% 19.1% 18.7%
2018-11-08 10:00 AM Unemployment Rate 19% 18.5%
2018-12-06 10:00 AM Unemployment Rate 18.4%


Greece Labour Last Previous Highest Lowest Unit
Unemployment Rate 19.00 19.10 27.90 7.30 percent [+]
Employed Persons 3885.33 3919.71 4658.20 3438.10 Thousand [+]
Unemployed Persons 877.10 862.50 1384.90 335.60 Thousand [+]
Part Time Employment 362.50 357.40 385.20 158.68 Thousand [+]
Full Time Employment 3497.90 3366.30 4383.59 3153.50 Thousand [+]
Employment Rate 81.58 81.96 93.28 71.29 percent [+]
Long Term Unemployment Rate 14.50 15.30 19.90 3.60 percent [+]
Youth Unemployment Rate 37.90 39.10 60.30 20.00 percent [+]
Labour Costs 90.00 90.30 107.40 48.50 Index Points [+]
Job Vacancies 14351.00 2825.00 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 52.10 51.60 53.70 51.00 percent [+]
Living Wage Family 1020.00 1020.00 1030.00 1010.00 EUR/Month [+]
Living Wage Individual 580.00 580.00 585.00 560.00 EUR/Month [+]
Wages 1060.45 1073.07 1462.20 939.14 EUR/Month [+]
Wages High Skilled 1600.00 2240.00 2470.00 1600.00 EUR/Month [+]
Wages Low Skilled 747.00 1010.00 1080.00 747.00 EUR/Month [+]
Productivity 93.20 91.10 108.10 70.90 Index Points [+]
Employment Change 0.80 0.40 3.50 -2.70 percent [+]


Greece Unemployment Rate

In Greece, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. 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 - actual data, historical chart and calendar of releases - was last updated on October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
19.00 19.10 27.90 7.30 1998 - 2018 percent Monthly
SA




unemployment rate by Country
Country Last
South Africa 27.20 Jun/18
Spain 15.30 Jun/18
Brazil 12.10 Aug/18
Turkey 10.80 Jul/18
Italy 9.70 Aug/18
Argentina 9.60 Jun/18
France 9.10 Jun/18
Euro Area 8.10 Aug/18
Saudi Arabia 6.10 Mar/18
Canada 5.90 Sep/18
Australia 5.30 Aug/18
Indonesia 5.13 Mar/18
Russia 4.60 Aug/18
South Korea 4.00 Sep/18
United Kingdom 4.00 Jul/18
Netherlands 3.90 Aug/18
China 3.83 Jun/18
United States 3.70 Sep/18
India 3.52 Dec/17
Mexico 3.50 Aug/18
Germany 3.40 Aug/18
Japan 2.40 Aug/18
Switzerland 2.40 Sep/18
Singapore 2.10 Jun/18


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