The seasonally adjusted unemployment rate in Greece fell to 9.6% in October 2023, the lowest jobless rate since June 2009, following an upwardly revised 10.3% rate in September. The number of unemployed rose by around 7 thousand over the previous month to 409 thousand, while the number of employed fell by 30 thousand to 4.304 million. Meanwhile, employment rate eased slightly to 91.3% in October from 91.4% in the previous month. source: National Statistical Service of Greece

Unemployment Rate in Greece decreased to 9.60 percent in October from 10.30 percent in September of 2023. Unemployment Rate in Greece averaged 16.03 percent from 1998 until 2023, reaching an all time high of 28.20 percent in July of 2013 and a record low of 7.50 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 2023.

Unemployment Rate in Greece decreased to 9.60 percent in October from 10.30 percent in September of 2023. Unemployment Rate in Greece is expected to be 10.50 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 10.00 percent in 2024 and 9.60 percent in 2025, according to our econometric models.

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Greece Unemployment Rate


Calendar GMT Reference Actual Previous Consensus TEForecast
2023-11-03 10:00 AM
Unemployment Rate
Sep 10% 10.6% 10.7%
2023-11-30 10:00 AM
Unemployment Rate
Oct 9.6% 10.3% 10.0%
2024-01-10 10:00 AM
Unemployment Rate
Nov 9.6%


Related Last Unit Reference
Unemployment Rate 9.60 percent Oct 2023
Employed Persons 4304.36 Thousand Oct 2023
Unemployed Persons 408.77 Thousand Oct 2023
Part Time Employment 311.50 Thousand Jun 2023
Full Time Employment 3925.10 Thousand Jun 2023
Employment Rate 91.33 percent Oct 2023
Job Vacancies 37107.00 Jun 2023
Labor Force Participation Rate 52.80 percent Jun 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
9.60 10.30 28.20 7.50 1998 - 2023 percent Monthly
SA

News Stream
Greek Jobless Rate Lowest Since 2009
The seasonally adjusted unemployment rate in Greece fell to 9.6% in October 2023, the lowest jobless rate since June 2009, following an upwardly revised 10.3% rate in September. The number of unemployed rose by around 7 thousand over the previous month to 409 thousand, while the number of employed fell by 30 thousand to 4.304 million. Meanwhile, employment rate eased slightly to 91.3% in October from 91.4% in the previous month.
2023-11-30
Greece Unemployment Rate Eases to 10% in September
The seasonally adjusted unemployment rate in Greece eased to 10% in September 2023, following a downwardly revised 10.6% rate in August and reaching the lowest level since August 2009. The number of unemployed declined by around 25 thousand over the previous month to 468 thousand, while the number of employed rose by 55 thousand to 4.227 million. Meanwhile, the number of people outside the labor force dropped by 33 thousand to 3.1 million. Compared to the same month of the previous year, jobseekers fell by 18.1%, while employment grew by 1.7%.
2023-11-03
Greek Unemployment Rate Steady at Near 13-Year Low
The seasonally adjusted unemployment rate in Greece was unchanged at 10.9 percent in August 2023, the same as an upwardly revised 10.9% in July and remaining at its lowest level since December 2009. The number of unemployed was down by 2 thousand over the previous month to 512 thousand, while the number of employed decreased by 47 thousand to 4.171 million. Meanwhile, the number of people outside the labor force went up by 47 thousand to 3.114 million. Compared to the same month of the previous year, jobseekers fell by 12.2 percent and employment grew by 0.7 percent.
2023-10-02