Youth Unemployment Rate in Greece increased to 35.60 percent in October from 32.50 percent in September of 2019. Youth Unemployment Rate in Greece averaged 35.48 percent from 1998 until 2019, reaching an all time high of 59.50 percent in January of 2013 and a record low of 21 percent in April of 2008.

Youth Unemployment Rate in Greece is expected to be 32.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Greece to stand at 32.20 in 12 months time. In the long-term, the Greece Youth Unemployment Rate is projected to trend around 32.20 percent in 2020, according to our econometric models.


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Greece Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
35.60 32.50 59.50 21.00 1998 - 2019 percent Monthly
SA

Greece Labour Last Previous Highest Lowest Unit
Unemployment Rate 16.60 16.80 27.80 7.30 percent [+]
Employed Persons 3928.89 3986.18 4658.20 3438.10 Thousand [+]
Unemployed Persons 763.60 751.92 1384.90 335.60 Thousand [+]
Part Time Employment 359.90 362.00 385.20 158.68 Thousand [+]
Full Time Employment 3612.00 3594.50 4383.59 3153.50 Thousand [+]
Employment Rate 83.73 84.13 93.28 71.29 percent [+]
Long Term Unemployment Rate 12.10 12.00 19.90 3.60 percent [+]
Youth Unemployment Rate 35.60 32.50 59.50 21.00 percent [+]
Labour Costs 77.70 91.90 107.40 48.50 points [+]
Job Vacancies 14343.00 12570.00 51613.00 2825.00 [+]
Minimum Wages 758.33 758.33 876.62 522.00 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 52.30 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 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 100.10 91.70 108.10 70.90 points [+]
Employment Change -0.30 0.90 3.50 -2.80 percent [+]