The seasonally adjusted unemployment rate in Greece fell to 14.2 percent in July of 2021 from 15 percent in the previous month. It was the lowest unemployment rate since November of 2010, reflecting a 108,058 reduction in the number of unemployed people to 664,384 and an addition of 182,886 people to the employed population, which totalled 4,011,357. At the same time, the number of people outside the labour force decreased by 105,080 to 3.158,122. Finally, the jobless rate among people aged between 15 and 24 remained the worst at 32.3 percent. source: National Statistical Service of Greece

Unemployment Rate in Greece averaged 16.29 percent from 1998 until 2021, reaching an all time high of 27.90 percent in July of 2013 and a record low of 7.40 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 September of 2021.

Unemployment Rate in Greece is expected to be 14.90 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 14.20 percent in 2022 and 13.80 percent in 2023, according to our econometric models.

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Greece Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
14.20 15.00 27.90 7.40 1998 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-07-07 09:00 AM Apr 17% 16.8% 16.4%
2021-07-27 09:15 AM May 15.9% 17.1% 16.9%
2021-09-09 09:00 AM Jun 15% 15.8% 15.5%
2021-09-15 09:00 AM Jul 14.2% 15%
2021-10-13 09:00 AM Aug 14.2%
2021-11-17 10:00 AM Sep 14.9%
2021-12-15 10:00 AM Oct
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Greece Jobless Rate Drops to the Lowest Since 2010
The seasonally adjusted unemployment rate in Greece fell to 14.2 percent in July of 2021 from 15 percent in the previous month. It was the lowest unemployment rate since November of 2010, reflecting a 108,058 reduction in the number of unemployed people to 664,384 and an addition of 182,886 people to the employed population, which totalled 4,011,357. At the same time, the number of people outside the labour force decreased by 105,080 to 3.158,122. Finally, the jobless rate among people aged between 15 and 24 remained the worst at 32.3 percent.
2021-09-15
Greece Jobless Rate Drops to the Lowest Since 2011
The seasonally adjusted unemployment rate in Greece fell to 15 percent in June of 2021 from a downwardly revised 15.8 percent in the previous month, as the country reopened for foreign tourists and the pandemic receded markedly. It was the lowest unemployment rate since January of 2011, reflecting a 32,189 reduction in the number of unemployed people to 700,990 and an addition of 64,281 people to the employed population, which totaled 3,981,468. At the same time, the number of people outside the labor force decreased by 33,431 to 3,181,032. Still, the jobless rate remained worst among people aged between 15 and 24 at 28.3 percent, although it has been significantly better than the 33.1 observed in the previous month.
2021-09-09
Greece Jobless Rate Drops to 3-Month Low
The seasonally adjusted unemployment rate in Greece fell to 15.9 percent in May of 2021 from an upwardly revised 17.1 percent in the previous month, as the country reopened for foreign tourists and the pandemic receded markedly. It was the lowest unemployment rate since February, reflecting a 31,010 reduction in the number of unemployed people to 737,312 and an addition of 168,467 people to the employed population, which totalled 3,892,983. At the same time, the number of people outside the labor force shrank by 141,407 to 3,234,533. Still, the jobless rate remained worst among people aged between 15 and 24, at 33.1 percent.
2021-07-27
Greece Jobless Rate at 8-Month High
The seasonally adjusted unemployment rate in Greece edged up to 17.0 percent in April of 2021 from an upwardly revised 16.8 percent in the previous month, in a month that saw the pandemic advance with record numbers of infections in the country. It was the highest unemployment rate since August of 2020, as the number of unemployed persons rose by 21,990 to 762,553. Meanwhile, the employed population expanded by 38,683 to 3,714,575 and the number of people outside the labor force shrank by 63,733 to 3,391,650. Finally, the jobless rate among people aged between 15 and 24 stood at 46.8 percent.
2021-07-07

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.