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.