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

The Greek seasonally adjusted unemployment rate fell to 20.7 percent in October of 2017, following an upwardly revised 20.8 percent in the previous month. Still, Greek unemployment rate remains more than double the Eurozone's average. Unemployment Rate in Greece averaged 15.98 percent from 1998 until 2017, 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 Slightly to 20.7% in October


The Greek seasonally adjusted unemployment rate fell to 20.7 percent in October of 2017, following an upwardly revised 20.8 percent in the previous month. Still, Greek unemployment rate remains more than double the Eurozone's average.


Compared with the previous month, the number of unemployed declined by 0.5 percent to 0.99 million and the number of employed decreased to 3.80 million, an insignificant change.

A year earlier, the unemployment rate was recorded at 23.3 percent. The number of unemployed persons fell by 11.1 percent while employment increased by 3.0 percent. 

The 15-24 age group recorded the highest unemployment rate (40.8 percent from 44.4 percent in October of 2016), followed by the 25-34 age group (25.7 percent from 29.7 percent), the 35-44 age group (18.9 percent from 19.7 percent), the 55-64 age group (16.7 percent from 19.5 percent), the 45-54 age group (16.4 percent from 18.8 percent), and the 65-74 age group (12.5 percent from 17.6 percent).

The unemployment rate among women declined to 25.4 percent in October from 27.9 percent a year earlier, while among men it decreased to 17.0 percent from 19.5 percent.

Among the country's regions, the highest unemployment rates were reported for Epirus-Western Macedonia (25.8 percent), followed by Peloponnese, Western Greece and Ionian Islands (21.9 percent), Macedonia-Thrace (21.4 percent) and Attica (21.2 percent); while Crete recorded the lowest rate (14.8 percent).


ELSTAT | Stefanie Moya | stefanie.moya@tradingeconomics.com
1/11/2018 11:06:42 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-11-09 10:00 AM Unemployment Rate 20.6% 20.9% 20.8%
2017-12-07 10:00 AM Unemployment Rate 20.5% 20.7% 20.4%
2018-01-11 10:00 AM Unemployment Rate 20.7% 20.8% 20.2%
2018-02-08 10:00 AM Unemployment Rate 20.7% 15%
2018-03-08 10:00 AM Unemployment Rate 15%
2018-04-12 09:00 AM Unemployment Rate 15%


Greece Labour Last Previous Highest Lowest Unit
Unemployment Rate 20.70 20.80 28.00 7.30 percent [+]
Employed Persons 3818.31 3848.81 4658.20 3438.10 Thousand [+]
Unemployed Persons 976.53 947.41 1384.90 335.60 Thousand [+]
Part Time Employment 361.20 374.30 385.20 158.68 Thousand [+]
Full Time Employment 3462.50 3417.10 4383.59 3153.50 Thousand [+]
Employment Rate 79.63 80.25 93.28 71.29 percent [+]
Long Term Unemployment Rate 15.70 16.30 19.90 3.60 percent [+]
Youth Unemployment Rate 39.50 39.80 60.00 20.10 percent [+]
Labour Costs 79.10 89.50 107.40 48.50 Index Points [+]
Job Vacancies 14630.00 18666.00 51613.00 3119.00 [+]
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 52.30 52.40 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 1092.01 1125.60 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 98.20 93.10 108.10 70.90 Index Points [+]
Employment Change 0.80 1.00 3.60 -2.80 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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
20.70 20.80 28.00 7.30 1998 - 2017 percent Monthly
SA




unemployment rate by Country
Country Last
Spain 16.38 Sep/17
Brazil 12.00 Nov/17
Italy 11.00 Nov/17
Turkey 10.30 Oct/17
France 9.70 Sep/17
Euro Area 8.70 Nov/17
Canada 5.70 Dec/17
Australia 5.50 Dec/17
Indonesia 5.50 Sep/17
Russia 5.10 Nov/17
Netherlands 4.40 Dec/17
United Kingdom 4.30 Oct/17
United States 4.10 Dec/17
China 3.95 Sep/17
Germany 3.60 Nov/17
South Korea 3.60 Dec/17
India 3.46 Dec/16
Mexico 3.40 Nov/17
Switzerland 3.30 Dec/17
Japan 2.70 Nov/17


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