The seasonally adjusted unemployment rate in Greece fell to 13.9 percent in August of 2021 from a downwardly revised 14.0 percent in the previous month. It was the lowest unemployment rate since September of 2010, reflecting a 1,035 reduction in the number of unemployed people to 655,644 and an addition of 50,927 people to the employed population, which totalled 4,070,814. At the same time, the number of people outside the labour force decreased by 52,503 to 3.131,793. Still, the jobless rate remained worst among people aged between 15 and 24 at 33.9 percent. source: National Statistical Service of Greece

Unemployment Rate in Greece averaged 16.27 percent from 1998 until 2021, 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. 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 October of 2021.

Unemployment Rate in Greece is expected to be 15.00 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


Calendar GMT Actual Previous Consensus TEForecast
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 10:00 AM Aug 13.9% 14.0% 14.1%
2021-11-17 10:00 AM Sep 13.9% 14.5%
2021-12-15 10:00 AM Oct


News Stream
Greece Jobless Rate at 11-Year Low
The seasonally adjusted unemployment rate in Greece fell to 13.9 percent in August of 2021 from a downwardly revised 14.0 percent in the previous month. It was the lowest unemployment rate since September of 2010, reflecting a 1,035 reduction in the number of unemployed people to 655,644 and an addition of 50,927 people to the employed population, which totalled 4,070,814. At the same time, the number of people outside the labour force decreased by 52,503 to 3.131,793. Still, the jobless rate remained worst among people aged between 15 and 24 at 33.9 percent.
2021-10-13
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 Last Unit Reference Previous Highest Lowest
Unemployment Rate 13.90 percent Aug/21 14.00 27.90 7.30
Employed Persons 4100.23 Thousand Aug/21 4091.15 4658.20 3438.10
Unemployed Persons 632.49 Thousand Aug/21 643.42 1384.90 335.60
Full Time Employment 3595.90 Thousand Jun/21 3342.30 4383.59 3153.50
Part Time Employment 319.30 Thousand Jun/21 282.70 385.20 158.68
Employment Rate 86.64 percent Aug/21 86.41 93.28 71.29
Job Vacancies 6685.00 Mar/21 7382.00 51613.00 2825.00
Labor Force Participation Rate 51.30 percent Jun/21 48.20 53.70 48.20


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.