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

The Greek seasonally adjusted unemployment rate picked up to 20.8 percent in February 2018, from the previous month's six-year low of 20.7 percent. The number of unemployed declined 0.2 percent while employment fell 0.4 percent. Unemployment Rate in Greece averaged 16.08 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 Unemployment Rate Rises from a 6-Year Low


The Greek seasonally adjusted unemployment rate picked up to 20.8 percent in February 2018, from the previous month's six-year low of 20.7 percent.

Compared with the previous month, the number of unemployed declined by 0.2 percent to 978 thousand and the number of employed decreased by 0.4 percent to 3.74 million.

A year earlier, the unemployment rate was recorded at 22.6 percent. The number of unemployed persons fell by 9.5 percent while employment grew by 0.9 percent. 

The 15-24 age group recorded the highest unemploment rate (45.4 percent vs 46.4 percent in February 2017), followed by the 25-34 age group (26.1 percent vs 29 percent), the 35-44 age group (18.8 percent vs 19.7 percent), the 55-64 age group (17.6 percent vs 19.1 percent), the 45-54 age group (16.3 percent vs 17.5 percent), and the 65-74 age group (12 percent vs 14 percent).

The unemployment rate among women decreased to 26.2 percent in February from 27.1 percent a year earlier, while among men it fell to 16.4 percent from 19 percent.

Among the country's regions, the highest unemployment rates were reported for Epirus-Western Macedonia (25.9 percent), followed by Peloponnese, Western Greece and Ionian Islands (21.4 percent) and Attica (21.1 percent); while Crete recorded the lowest rate (16.6 percent).

Unemployment has fallen since the jobless rate hit a high of 27.9 percent in September 2013, but remains the highest in the Eurozone.


ELSTAT | Joana Ferreira | joana.ferreira@tradingeconomics.com
5/10/2018 9:32:21 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-03-08 10:00 AM Unemployment Rate 20.8% 21% 20.8%
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 20.8% 20.6%
2018-07-12 09:00 AM Unemployment Rate 20.5%
2018-08-09 09:00 AM Unemployment Rate 20.4%


Greece Labour Last Previous Highest Lowest Unit
Unemployment Rate 20.80 20.70 27.90 7.30 percent [+]
Employed Persons 3655.20 3756.60 4658.20 3438.10 Thousand [+]
Unemployed Persons 1037.00 993.40 1384.90 335.60 Thousand [+]
Part Time Employment 356.40 361.20 385.20 158.68 Thousand [+]
Full Time Employment 3380.00 3462.50 4383.59 3153.50 Thousand [+]
Employment Rate 77.90 79.09 93.28 71.29 percent [+]
Long Term Unemployment Rate 15.30 15.30 19.90 3.60 percent [+]
Youth Unemployment Rate 45.40 42.30 60.30 20.00 percent [+]
Labour Costs 94.10 79.10 107.40 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 51.80 52.30 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 93.00 98.20 108.10 70.90 Index Points [+]
Employment Change -0.10 0.20 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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
20.80 20.70 27.90 7.30 1998 - 2018 percent Monthly
SA




unemployment rate by Country
Country Last
Spain 16.74 Mar/18
Brazil 13.10 Mar/18
Italy 11.00 Mar/18
Turkey 10.60 Feb/18
France 9.20 Mar/18
Euro Area 8.50 Mar/18
Canada 5.80 Apr/18
Australia 5.60 Apr/18
Indonesia 5.13 Mar/18
Russia 4.90 Apr/18
United Kingdom 4.20 Mar/18
Netherlands 3.90 Apr/18
United States 3.90 Apr/18
China 3.89 Mar/18
South Korea 3.80 Apr/18
India 3.52 Dec/17
Germany 3.40 Mar/18
Mexico 2.90 Mar/18
Switzerland 2.70 Apr/18
Japan 2.50 Mar/18


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