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Thursday November 10 2016
Greek Jobless Rate Edges Up to 23.4% in August  
The Greek seasonally adjusted unemployment rate rose slightly to 23.4 percent in August 2016 from 23.3 percent in July, as the number of unemployed increased by 0.1 percent while employment fell by 0.2 percent. A year earlier, the unemployment rate was recorded at 24.6 percent.
Thursday October 06 2016
Greek Jobless Rate Lowest Since 2012  
The seasonally adjusted unemployment rate in Greece dropped to 23.2 percent in July 2016 from 23.4 percent in June and below 24.8 percent a year earlier. It was the lowest reading since March of 2012, as the number of unemployed fell by 0.5 percent to 1,120,843 compared to the previous month while employment went up by 0.4 percent to 3,703,828.
Thursday September 08 2016
Greek Jobless Rate at Fresh 4-Year Low in June  
Greek seasonally adjusted unemployment rate declined to 23.4 percent in June 2016, following an upwardly revised 23.6 percent in May and below 24.9 percent a year earlier. It was the lowest figure since March of 2012, as the number of unemployed decreased by 0.6 percent from the previous month while employment increased 0.4 percent.
Thursday August 04 2016
Greek Jobless Rate Steady at 23.5% in May  
Greek seasonally adjusted unemployment rate came in at 23.5 percent in May 2016, unchanged from the April rate and down from 25 percent a year earlier. The number of unemployed decreased by 0.2 percent from the previous month while employment fell at a faster 0.4 percent.
Thursday July 07 2016
Greece Jobless Rate Falls to 4-Year Low in April  
Greek unemployment rate decreased to 23.3 percent in April of 2016 from a downwardly revised 23.7 percent in the previous month. It was the lowest figure since March of 2012, as the number of unemployed persons decreased by 20.9 thousand to 1.11 million people while employment rose by 25.6 thousand to 3.67 million. A year earlier, the unemployment rate was recorded at 25.3 percent.
Thursday June 09 2016
Greece Jobless Rate Edges Down to 24.1%  
Greek unemployment rate decreased slightly to 24.1 percent in March of 2016 compared to 24.2 percent in the previous month. The number of unemployed persons increased by 9.7 thousand to 1.189 million people while employment rose by 15 thousand to 3.6 million. A year earlier, the unemployment rate was recorded at 25.8 percent.
Thursday May 12 2016
Greece Jobless Rate Slightly Down to 24.2% in February  
Greek unemployment rate edged down to 24.2 percent in February of 2016 compared to 24.4 percent in the previous month. The number of unemployed reached 1.16 million people while employment rose to 3.63 million. A year earlier, the unemployment rate was recorded at 25.8 percent.
Thursday April 07 2016
Greek Jobless Rate Edges Up in January  
Greek unemployment rate increased slightly to 24.4 percent in January of 2016 compared to an upwardly revised 24.3 percent in the previous month. The number of unemployed increased by 3.5 thousand to 1.17 million people while employment declined by 25.2 thousand to 3.6 million. The jobless rate remains more than double the Eurozone's average of 10.3 percent in February.
Thursday March 10 2016
Greek Jobless Rate Drops to Fresh 2-1/2-Year Low  
Greek unemployment rate decreased slightly to 24 percent in December of 2015 compared to an upwardly revised 24.4 percent in the previous month. It was the lowest rate recorded since May of 2012, as the number of unemployed reached 1.14 million people while employment rose to 3.65 million. Unemployment has come down from record highs but remains more than double the Eurozone's average of 10.3 percent in January.
Thursday February 11 2016
Greek Jobless Rate at 24.6% in November  
Greek unemployment rate decreased slightly to 24.6 percent in November of 2015 from an upwardly revised 24.7 percent in the previous month. It remained at its lowest level since May of 2012, as the number of unemployed persons declined by 0.3 percent while the number of employed persons was virtually unchanged.
Thursday January 07 2016
Greek Jobless Rate Edges Down to 24.5% in October  
Greek unemployment rate decreased slightly to 24.5 percent in October of 2015 from 24.6 percent in the previous month. It remained at its lowest level since May of 2012, as the number of unemployed persons declined by 0.7 percent while the number of employed persons rose slightly by 0.1 percent.
Thursday December 10 2015
Greek Jobless Rate Down to 24.6% in September  
Greek unemployment rate decreased slightly to 24.6 percent in September of 2015 from an upwardly revised 24.7 percent in the previous month. It was the lowest jobless rate since May of 2012, as the number of unemployed declined while the number of employed rose slightly.
Thursday November 12 2015
Greek Jobless Rate Drops to Lowest Since May 2012  
Greek unemployment rate fell to 24.6 percent in August of 2015, following a downwardly revised 24.9 percent in the previous month. It was the lowest rate recorded in more than three years, as the number of unemployed declined while the number of employed rose slightly.
Thursday October 08 2015
Greek Unemployment Rate Steady at 25% in July  
Greek jobless rate remained unchanged at 25 percent in July of 2015, following a downwardly revised 25 percent in the previous month. While unemployment fell slightly, employment remained at the same level.
Thursday September 10 2015
Greece Unemployment Rate Edges Up in June  
Greek jobless rate increased to 25.2 percent in June of 2015, after reaching a 3-year low of 25 percent in the previous month. While unemployment fell slightly, employment dropped at a faster pace.
Thursday August 06 2015
Greece Unemployment Rate Drops to 25% in May  
Greek jobless rate edged down to 25 percent in May of 2015 from 25.6 percent in the previous month. It was the lowest figure since June of 2012, as unemployment went down while employment rose at a faster pace.
Thursday July 09 2015
Greece Unemployment Rate Eases in April  
Greek jobless rate edged down to 25.6 percent in April of 2015 from an upwardly revised 25.8 percent in the previous month, as unemployment went down while employment slightly increased. It was the lowest figure since July of 2012.
Wednesday July 01 2015
Greece Gets Closer to a Default  
Greece has asked the European Stability Mechanism for a new loan on Tuesday, aiming to cover the country’s needs for the next 2 years and help in debt-restructuring plan. Yet, Eurozone finance ministers have rejected the plan leaving Greece without a financial safety net and funds to repay the IMF loan.
Thursday June 04 2015
Greece Unemployment Rate Steady at 25.6%  
Greek jobless rate remained unchanged at 25.6 percent in March 2015 from an upwardly revised 25.6 percent in the previous month, as both unemployment and employment went down.
Wednesday May 06 2015
Greece Unemployment Rate Edges Down  
Greek jobless rate fell to 25.4 percent in February from a revised 25.6 percent in the previous month. It is the lowest rate since mid-2012.
Thursday April 09 2015
Greece Unemployment Rate at 2-1/2-Year Low  
Greek jobless rate fell slightly to 25.7 percent in January of 2015 from a revised 25.9 percent in the previous month. It is the lowest rate since August of 2012 when it was recorded at 25.4 percent.
Thursday March 05 2015
Greece Unemployment Rate At 26% in December  
Greek jobless rate was reported at 26 percent in December of 2014, marginally up from a revised 25.9 percent in November, but down from 27.3 percent reported in the last month of 2013.
Thursday February 12 2015
Greece Unemployment Rate Steady at 25.8%  
Greek seasonally adjusted jobless rate remained unchanged at 25.8 percent in November of 2014 when compared with the previous month as more people stopped looking for a job.
Thursday January 08 2015
Greece Unemployment Rate Lowest Since August 2012  
Greek seasonally adjusted jobless rate decreased marginally to 25.8 percent in October of 2014 from a revised 26 percent in the previous month as employment rose and unemployment fell.
Thursday December 11 2014
Greek Unemployment Rate Continues to Fall  
Greek seasonally adjusted jobless rate decreased marginally to 25.7 percent in September of 2014 from a revised 26 percent in the previous month, as the number of employed increased.
Thursday November 13 2014
Greece Unemployment Rate Down to 25.9%  
Greek jobless rate fell to 25.9 percent in August of 2014 from a revised 26.1 percent in July. Yet, employment fell marginally while the labour force shrank.
Thursday October 09 2014
Greece Unemployment Rate Decreases to 26.4%  
Greek seasonally adjusted jobless rate fell for the third consecutive month to 26.4 percent in July of 2014 from a revised 26.7 percent in June. It is the lowest rate since December of 2012.
Thursday September 11 2014
Greece Unemployment Rate Falls Slightly  
Greek seasonally adjusted jobless rate decreased marginally to 27 percent in June, following a revised 27.1 percent in May. Greek unemployment remains the highest in the European Union.
Thursday July 10 2014
Greek Unemployment Steady at 27.3%  
Greece seasonally adjusted jobless rate was recorded at 27.3 percent in April of 2014, unchanged from March’s revised level.
Tuesday July 08 2014
Greek Trade Deficit Widens in May on Rising Imports  
Greek trade gap increased to € 1.7 billion in May of 2014 from € 1.4 billion in the same month of the previous year, due to a rise in imports.
Friday June 06 2014
Greek Trade Deficit Widens in April  
Trade deficit in Greece widened to €1.61 billion in April of 2014 from €1.38 billion a year earlier, according to preliminary estimates, as exports shrank at a faster pace than imports. Compared with the previous month, the trade deficit narrowed 11.5 percent.
Thursday June 05 2014
Greek Unemployment Rate Falls in March  
The seasonally adjusted jobless rate declined to 26.8 percent in March of 2014 from an upwardly revised 26.9 percent in the previous month. Although Greek unemployment remains the highest in the European Union, it fell to a twelve-month low in March.
Thursday May 08 2014
Greek Trade Deficit Narrows in March  
Greek trade gap narrowed to €1.82 billion in March of 2014 from €1.57 billion a year earlier, as imports increased 7 percent year-on-year.
Thursday May 08 2014
Greece Unemployment Rate Falls Slightly to 26.5%  
Greek jobless rate declined for the fifth consecutive month to 26.5 percent in February, from a downwardly revised 26.6 percent in the previous month, as the number of inactive persons increased 0.4 percent.
Thursday April 10 2014
Greece Unemployment Rate Falls to 11-Month Low  
In January of 2014, Greek seasonally adjusted jobless rate fell to 26.7 down from a revised 27.2 percent in the previous month, but up from 26.5 percent a year earlier. Revised figures showed the unemployment fell for the fourth straight month.
Monday April 07 2014
Greek Trade Deficit Widens in February  
Greek trade deficit increased for the second consecutive month to a preliminary estimate of € -1.98 billion, due to a 7 percent drop in exports. A year earlier, the trade deficit reached € 1.76 billion.
Monday March 10 2014
Greek Trade Deficit Narrows in January  
Trade deficit in Greece narrowed to €1.62 billion in January of 2014 from €1.90 billion a year earlier, as imports shrank at a faster pace than exports. Compared with December of 2013, the trade deficit narrowed 16 percent, according to preliminary estimates.
Thursday March 06 2014
Greece Unemployment Rate Falls Slightly  
In December of 2013, Greek seasonally adjusted jobless rate decreased marginally to 27.5 percent, compared to a downwardly revised 27.6 percent in November. The figure is more than twice the Euro Area’s average of 12 percent.
Thursday February 13 2014
Greece Unemployment Rate Edges Up in November 2013  
In November of 2013, Greek jobless rate rose to a new record high at 28 percent from a revised 27.7 percent in October and 26.3 percent last year. Unemployment in Greece is more than twice the euro zone's record-high of 12.1 percent in the same period.
Monday February 10 2014
Greek Trade Deficit Narrows in December  
Preliminary estimates showed the Greek trade deficit decreased in the last month of 2013 to € 1.39 billion from € 1.5 billion in November and € 1.4 billion a year earlier.
Thursday January 09 2014
Greek Unemployment Rate Up to 27.8% in October  
In October of 2013, Greece jobless rate slightly rose to a new record 27.8 percent, up from a revised 27.7 percent in September. A year ago, unemployment was recorded at 26.1 percent.
Wednesday December 11 2013
Greece Unemployment Rate at 27.4% in September  
The seasonally adjusted jobless rate in September of 2013 was 27.4 percent compared to 26.0 percent in September of 2012 and 27.3 percent in August.
Tuesday December 24 2013
Greek Trade Deficit Widens in October  
In October of 2013, Greece trade deficit increased to € 1.84 billion, from €1.54 billion in September, as exports fell while imports rose for the third consecutive month.
Thursday November 14 2013
Greece Unemployment Rate Remained Unchanged in August  
In August, Greek jobless rate was 27.3 percent compared to 25.5 percent in August 2012 and 27.3 percent in July 2013. Youth unemployment grew to 60.6 percent.
Monday November 11 2013
Greece Trade Deficit Widens in September Over a Year Earlier  
In September, Greek trade deficit widened to € 1625.3 million, from € 1282.6 million a year earlier. While imports surged by an annual 7.7 percent, exports shrank for the second straight month, mainly due to lower sales to countries outside the EU.
Thursday October 10 2013
Greek Trade Deficit Narrows YoY in August  
In August, Greece’s trade deficit eased slightly to €1.83 billion from a gap of €1.91 billion in August of 2012. Both imports and exports were down on the year but purchases fell at a faster pace.
Thursday October 10 2013
Greek Unemployment Edges Up to New High in July  
In July, Greece's jobless rate edged up to 27.6 percent compared to 25.0 percent in July of 2012 and from a downward revised 27.5 percent in the previous month, hitting its highest level since the beginning of the series. Youth unemployment eased to 55.1 percent.
Thursday September 12 2013
Greek Unemployment Hits New High in June  
In June, Greece's jobless rate rose to 27.9 percent compared to 24.6 percent in June 2012 and 27.6 percent in the previous month and hit its highest level since the beginning of the series. Youth unemployment eased to 58.8 percent.
Monday September 09 2013
Greek Trade Deficit Slightly Down in July  
In July, Greece’s trade deficit narrowed slightly to €1.53 billion from a gap of €1.59 billion in July of 2012. Both imports and exports were up on the year but shipments rose more sharply.
Friday August 09 2013
Greek Trade Deficit Narrows YoY in June  
In June, Greece’s trade deficit narrowed to €1.67 billion from a gap of €1.86 billion in June of 2012. Both imports and exports were down on the year although purchases fell more sharply.
Thursday August 08 2013
Greek Unemployment Up to New High in May  
In May, Greece's jobless rate rose to 27.6 percent from an upwardly revised 27.0 percent in April and hit its highest level since the beginning of the series. Youth unemployment rose further to 64.9 percent.
Thursday July 11 2013
Greek Unemployment Hits New High of 26.9% in April  
In April, Greece's unemployment rate rose to 26.9 percent, compared to 23.1 percent in April of 2012 and 16.2 percent in April of 2011. Youth jobless rate rose further to 57.5 percent.
Wednesday July 10 2013
Greek Trade Deficit Narrows in May  
In May, Greece’s trade deficit narrowed to € 1.43 billion from a gap of € 1.74 billion in May of 2012 amid falling imports and rising exports. Shipments registered an increase of 4.5 percent, driven by sales of oil products, while imports fell 5.1 percent from a year earlier.
Thursday June 06 2013
Greek Unemployment Rises to New High of 26.8% in March  
Unemployment rate in March 2013 was 26.8 percent compared to 22.2 percent in March 2012 and a downwardly revised 26.7 percent in February 2013. Youth unemployment hit 58.3 percent, comparing to 53.1 percent in the same month of the previous year.
Monday August 12 2013
Greek Economy May be Stabilizing  
In Q1 of 2013, Greek economy shrank for a 19th consecutive quarter driven by drop in consumption and investment prompted by successive tax increases and spending cuts. Although the country is expected to remain in the recession this year, confidence is becoming stable in all business sectors.
Friday May 10 2013
Greece Economy Unlikely to Rebound in 2013  
Greece economy is in recession since late 2008 and is unlikely to return to growth before 2014. Indeed, while the austerity measures imposed by international lenders have reduced Greece's budget deficit, they have pushed the country further into recession as the job market and domestic consumption continue to deteriorate.
Thursday May 09 2013
Greece Unemployment Rate Rises to Record High 27% in February  
Unemployment rate in February 2013 was 27.0 percent compared to 21.9 percent in February 2012 and 26.7 percent in January 2013 (revised down from 27.2 percent). The number of employed amounted to 3,568,186 persons.
Thursday May 09 2013
Greece | Economic Overview | 2013 Q1  
Recent updates for the Greek economy show further deterioration in the economic cycle. In the fourth quarter of 2012, the GDP shrank 6 percent, after recording a record contraction of 6.7 percent from July to September. As the country implements the tough austerity policies demanded by its international lenders, the unemployment rate continues to rise and has reached an all-time high of 27 percent in February. To make things even worst, consumer confidence remains very low and retail sales decreased 16.4 percent over the previous year in January. On the positive side, Greece seems to be regaining international confidence and the 10-year government bonds fell below 11 percent, the lowest level since October 2010.
Monday April 22 2013
Greece Trade Deficit Narrows in February  
In February, the trade deficit contracted by €296 million, as a result of decreases in all of its components, most notably a €168 million decline in the net oil import bill.
Thursday April 11 2013
Greece Unemployment Rate Up to All-Time High 27.2% in January  
Unemployment rate in January 2013 was 27.2 percent compared to 21.5 percent in January 2012 and 25.7 percent in December 2012. The number of employed amounted to 3.62 million persons. The number of unemployed amounted to 1.39 million while the number of inactive to 3.35 million.
Tuesday April 09 2013
Greece Trade Deficit Narrows Year-on-Year in January  
The trade deficit narrowed by €689 million, as a result of decreases in all of its components. The net import bill for oil and ships fell by €299 and €18 million, respectively.
Thursday March 07 2013
Greece Unemployment Rate Drops Slightly in December to 24.6 Percent  
Unemployment rate in December 2012 was 26.4 percent compared to 21.4 percent in December 2011 and 26.6 percent in November 2012. The number of employed amounted to 3.68 million persons. The number of unemployed amounted to 1.32 million while the number of inactive to 3.34 million.
Friday February 15 2013
Greece Unemployment Reaches Record 27 Percent in November  
Unemployment rate in November 2012 was 27 percent compared to 20.8 percent in November 2011 and 26.6 percent in October 2012. The number of employed amounted to 3.64 million persons. The number of unemployed amounted to 1.35 million while the number of inactive to 3.34 million.
Friday January 25 2013
Greece Trade Deficit Narrows in November  
In November, Greek trade deficit narrowed by €828 million, as a result of a €352 million decrease in the trade deficit excluding oil and ships, as well as declines of €372 million and €103 million in the net oil import bill and the net import bill for ships, respectively.
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