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

The Greek seasonally adjusted unemployment rate decreased to 20.1 percent in March 2018 from a downwardly revised 20.6 percent in the previous month. It was the lowest jobless rate since October 2011, as the number of unemployed fell 1.5 percent and employment increased 1.3 percent. Unemployment Rate in Greece averaged 16.10 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 Falls to Near 6-1/2-Year Low in March


The Greek seasonally adjusted unemployment rate decreased to 20.1 percent in March 2018 from a downwardly revised 20.6 percent in the previous month. It was the lowest jobless rate since October 2011

Compared with the previous month, the number of unemployed declined by 1.5 percent to 956 thousand and the number of employed rose by 1.3 percent to 3.79 million.

A year ago, the unemployment rate was recorded at 22.1 percent. The number of unemployed persons fell by 9.6 percent while employment grew by 2.0 percent.

Unemployment decreased in the majority of age groups: the 15-24 age group (43.2 percent from 45.2 percent); the 25-34 age group (24.7 percent from 28.7 percent); the 35-44 age group (18.3 percent from 19.1 percent); the 45-54 age group (16.4 percent from 17.3 percent) and 55-64 age group (16.4 percent from 19.3 percent). In contrast, it increased in the 65-74 age group (11.8 percent from 10.9 percent).

Among genders, the unemployment rate was lower for men (16.3 percent from 18.5 percent) than for women (25.0 percent from 26.8 percent).

Across the country's regions, the lowest unemployment rates were registered in Crete (16.7 percent), followed by Aegean Islands (18.6 percent) and Thessaly-Sterea Ellas (19.0 percent); while Epirus-Western Macedonia recorded the higehst (25.0 percent).


ELSTAT | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
6/7/2018 9:42:18 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-04-12 09:00 AM Unemployment Rate 20.6% 20.8% 20.7%
2018-05-10 09:00 AM Unemployment Rate 20.8% 20.7% 20.6%
2018-06-07 09:00 AM Unemployment Rate 20.1% 20.6% 20.6%
2018-07-12 09:00 AM Unemployment Rate 20.1% 20.1%
2018-08-09 09:00 AM Unemployment Rate 20.1%
2018-09-06 09:00 AM Unemployment Rate 20%


Greece Labour Last Previous Highest Lowest Unit
Unemployment Rate 20.10 20.60 27.90 7.30 percent [+]
Employed Persons 3768.63 3655.20 4658.20 3438.10 Thousand [+]
Unemployed Persons 973.57 1037.00 1384.90 335.60 Thousand [+]
Part Time Employment 357.40 356.40 385.20 158.68 Thousand [+]
Full Time Employment 3366.30 3380.00 4383.59 3153.50 Thousand [+]
Employment Rate 79.47 77.90 93.28 71.29 percent [+]
Long Term Unemployment Rate 15.30 15.30 19.90 3.60 percent [+]
Youth Unemployment Rate 43.20 45.40 60.20 20.00 percent [+]
Labour Costs 90.30 94.10 107.40 48.50 Index Points [+]
Job Vacancies 2825.00 11188.00 51613.00 2825.00 [+]
Minimum Wages 683.76 683.76 876.62 522.00 EUR/Month [+]
Population 10.76 10.78 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 51.60 51.80 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 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 91.10 93.00 108.10 70.90 Index Points [+]
Employment Change 0.30 -0.10 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 June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
20.10 20.60 27.90 7.30 1998 - 2018 percent Monthly
SA




unemployment rate by Country
Country Last
Spain 16.74 Mar/18
Brazil 12.90 Apr/18
Italy 11.20 Apr/18
Turkey 10.10 Mar/18
France 9.20 Mar/18
Euro Area 8.50 Apr/18
Canada 5.80 May/18
Australia 5.40 May/18
Indonesia 5.13 Mar/18
Russia 4.90 Apr/18
United Kingdom 4.20 Apr/18
South Korea 4.00 May/18
Netherlands 3.90 Apr/18
China 3.89 Mar/18
United States 3.80 May/18
India 3.52 Dec/17
Germany 3.40 Apr/18
Mexico 3.40 Apr/18
Japan 2.50 Apr/18
Switzerland 2.40 May/18


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