Greece Unemployment Rate

The Greek seasonally adjusted unemployment rate was at 18.6 percent in October of 2018, unchanged from the previous month. It remained the lowest jobless rate since July of 2011. Unemployment Rate in Greece averaged 16.20 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.

Unemployment Rate in Greece is expected to be 17.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Greece to stand at 15.90 in 12 months time. In the long-term, the Greece Unemployment Rate is projected to trend around 15.10 percent in 2020, according to our econometric models.

1Y 5Y 10Y MAX

width

height

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

Learn More Questions? Contact us Already a Member? Login

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us

Calendar	GMT		Actual	Previous	TEForecast
2018-10-11	09:00 AM	Unemployment Rate	19%	19.1%	18.7%
2018-11-08	10:00 AM	Unemployment Rate	18.9%	19.1%	18.5%
2018-12-06	10:00 AM	Unemployment Rate	18.6%	18.9%	18.4%
2019-01-10	10:00 AM	Unemployment Rate	18.6%	18.6%	17.90%
2019-02-07	10:00 AM	Unemployment Rate		18.6%	17.90%
2019-03-07	10:00 AM	Unemployment Rate			17.90%
2019-04-11	09:00 AM	Unemployment Rate			19.00%

Greek Jobless Rate Steady at 18.6%

The Greek seasonally adjusted unemployment rate was at 18.6 percent in October of 2018, unchanged from the previous month. It remained the lowest jobless rate since July of 2011.

Compared with the previous month, the number of unemployed dropped by 1.3 percent to 876.0 thousand and the number of employed persons fell by 0.8 percent to 3.84 million.

A year ago, the jobless rate was recorded at 21.0 percent. The number of unemployed persons declined by 12.2 percent while employment increased by 2.1 percent.

Unemployment decreased for most of the age groups but continues to hit more young people aged 15-24 years (38.5 percent from 41.3 percent in October 2017) and the 24-34 age group (23.9 percent from 26.0 percent). Lower rates were also seen in the 35-44 age group (16.6 percent from 19.2 percent); the 45-54 age group (15.1 percent from 16.9 percent); the 55-64 age group (14.0 percent from 17.3 percent) and the 65-74 age group (11.6 percent from 12.3 percent).

By genders, the jobless rate was lower for men (15.0 percent from 17.1 percent) than for women (23.1 percent from 25.8 percent).

Across the country's regions, the lowest unemployment rates were recorded in Crete (10.9 percent), Thessaly – Sterea Ellas (18.3 percent) and Aegean Islands (18.6 percent). On the other hand, Epirus-Western Macedonia registered the highest rate (22.2 percent).

ELSTAT | Stefanie Moya | stefanie.moya@tradingeconomics.com
1/10/2019 10:16:17 AM

News

Greek Jobless Rate at Over 7-Year Low of 18.6%
The Greek seasonally adjusted unemployment rate dropped to 18.6 percent in September of 2018 from 18.9 percent in the previous month. It was the lowest jobless rate since July 2011.
Published on 2018-12-06

Greek Jobless Rate at 7-Year Low of 18.9% in August
The Greek seasonally adjusted unemployment rate dropped to 18.9 percent in August of 2018 from an upwardly revised 19.1 percent in the previous month, staying at its lowest level since August 2011.
Published on 2018-11-08

Greek Jobless Rate Drops Further to 19% in July
The Greek seasonally adjusted unemployment rate decreased to 19.0 percent in July of 2018 from 19.1 percent in the previous month. It was the lowest jobless rate since August of 2011.
Published on 2018-10-11

Greek Jobless Rate Falls to Near 7-Year Low of 19.1%
The Greek seasonally adjusted unemployment rate declined to 19.1 percent in June of 2018 from a downwardly revised 19.3 percent in the prior month. It was the lowest jobless rate since September of 2011.
Published on 2018-09-06

Greece Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	18.60	18.60	27.90	7.30	percent	[+]
Employed Persons	3883.07	3932.34	4658.20	3438.10	Thousand	[+]
Unemployed Persons	862.44	837.10	1384.90	335.60	Thousand	[+]
Part Time Employment	337.20	362.50	385.20	158.68	Thousand	[+]
Full Time Employment	3557.00	3497.90	4383.59	3153.50	Thousand	[+]
Employment Rate	81.83	82.45	93.28	71.29	percent	[+]
Long Term Unemployment Rate	13.70	14.50	19.90	3.60	percent	[+]
Youth Unemployment Rate	38.50	36.60	60.30	20.00	percent	[+]
Labour Costs	78.30	90.00	107.40	48.50	Index Points	[+]
Job Vacancies	14466.00	14351.00	51613.00	2825.00		[+]
Minimum Wages	683.76	683.76	876.62	522.00	EUR/Month	[+]
Population	10.74	10.77	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	52.20	52.10	53.70	51.00	percent	[+]
Living Wage Family	1070.00	1080.00	1080.00	1030.00	EUR/Month	[+]
Living Wage Individual	595.00	600.00	600.00	555.00	EUR/Month	[+]
Wages	1060.45	1073.07	1462.20	939.14	EUR/Month	[+]
Wages High Skilled	1510.00	1590.00	1710.00	1510.00	EUR/Month	[+]
Wages Low Skilled	717.00	868.00	913.00	717.00	EUR/Month	[+]
Productivity	98.50	93.20	108.10	70.90	Index Points	[+]
Employment Change	0.80	0.40	3.50	-2.70	percent	[+]

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 January of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	18.60	18.60	27.90	7.30	1998 - 2018	percent	Monthly	SA

Export Data API

Country	Last		Previous	Range
South Africa	27.50	Sep/18	27.2	31.2 : 21.5	%
Spain	14.55	Sep/18	15.28	26.94 : 4.41	%
Brazil	11.60	Nov/18	11.7	13.7 : 6.2	%
Turkey	11.60	Oct/18	11.4	14.8 : 7.3	%
Italy	10.50	Nov/18	10.6	13.1 : 5.8	%
France	9.10	Sep/18	9.1	10.7 : 7.2	%
Argentina	9.00	Sep/18	9.1	20.8 : 5.9	%
Euro Area	7.90	Nov/18	8	12.1 : 7.3	%
Saudi Arabia	6.00	Jun/18	6.1	6.3 : 4.35	%
Canada	5.60	Dec/18	5.6	13.1 : 2.9	%
Indonesia	5.34	Sep/18	5.13	11.24 : 2	%
Australia	5.10	Nov/18	5	11.2 : 4	%
Russia	4.80	Nov/18	4.7	14.1 : 4.5	%
United Kingdom	4.10	Oct/18	4.1	12 : 3.4	%
United States	3.90	Dec/18	3.7	10.8 : 2.5	%
China	3.82	Sep/18	3.83	4.3 : 3.82	%
South Korea	3.80	Dec/18	3.8	7.1 : 3	%
Netherlands	3.60	Dec/18	3.5	7.9 : 3.5	%
India	3.52	Dec/17	3.51	8.3 : 3.41	%
Germany	3.30	Nov/18	3.3	11.5 : 0.4	%
Mexico	3.30	Nov/18	3.2	6.42 : 2.22	%
Switzerland	2.70	Dec/18	2.5	5.7 : 1.5	%
Japan	2.50	Nov/18	2.4	5.5 : 1	%
Singapore	2.10	Sep/18	2	6 : 1.4	%