Greece Unemployment Rate  1998-2016 | Data | Chart | Calendar | Forecast

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. Unemployment Rate in Greece averaged 15.27 percent from 1998 until 2016, reaching an all time high of 27.92 percent in July of 2013 and a record low of 7.30 percent in May of 2008. Unemployment Rate in Greece is reported by the National Statistical Service of Greece.

Greece Unemployment Rate
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Actual Previous Highest Lowest Dates Unit Frequency
24.14 24.23 27.92 7.30 1998 - 2016 percent Monthly
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 June of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-04-07 09:00 AM Jan 24.4% 24.3% 27.8%
2016-05-12 09:00 AM Feb 24.2% 24.4% 24.4%
2016-06-09 09:00 AM Mar 24.1% 24.2% 24.2%
2016-07-07 09:00 AM Apr 24.1% 24%
2016-08-04 09:00 AM May 23.9%
2016-09-08 09:00 AM Jun 23.8%

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.

Compared to the previous month, the number of unemployed increased by 0.8 percent to 1,189.9 thousand persons while the number of employed rose by 0.4 percent to 3,600.7 thousand. The number of inactive was marginally unchanged at 3,281 thousand persons. A year earlier, the unemployment rate was recorded at 25.7 percent. The number of unemployed persons fell by 5.6 percent while employment rose by 2.5 percent. The number of inactive persons declined by 1.8 percent.

Unemployment affected mainly people aged 15 to 24 years as 50.4 percent of young active population was unemployed, a decrease of 1.7 percentage points from the same month in the previous year. While the majority of age groups recorded a lower jobless rate when compared to a year earlier, the unemployment rate among people aged 65 to 74 rose further to 11.8 percent from 10.9 percent. 

The unemployment rate for males decreased by 2.2 percentage points to 20.4 percent from March last yeat and for females it was down by a much slower 0.6 percentage points to 28.8 percent.

Among regions, the highest unemployment rates were reported for Epirus-Western Macedonia (28.8 percent), Thessaly – Sterea Ellas (28.5 percent) and Crete (25 percent), while Aegean continued to record the lowest rate (13.4 percent).

ELSTAT | Yekaterina Guchshina | yekaterina@tradingeconomics.com
6/9/2016 10:29:16 AM

Greece Labour Last Previous Highest Lowest Unit
Unemployment Rate 24.14 24.23 27.92 7.30 percent [+]
Employed Persons 3600.70 3585.66 4658.18 3438.10 Thousand [+]
Unemployed Persons 1189.90 1180.23 1384.92 335.56 Thousand [+]
Part Time Employment 351.70 342.40 351.70 158.68 Thousand [+]
Full Time Employment 3254.60 3299.30 4383.59 3153.50 Thousand [+]
Employment Rate 75.16 75.24 93.28 71.29 percent [+]
Long Term Unemployment Rate 18.10 17.70 19.90 3.60 percent [+]
Youth Unemployment Rate 50.40 51.40 60.00 20.10 percent [+]
Labour Costs 91.30 97.20 115.20 49.50 Index Points [+]
Job Vacancies 3119.00 12626.00 51613.00 3119.00 [+]
Minimum Wages 683.76 683.76 876.62 522.00 EUR/Month [+]
Population 10.86 10.93 11.12 8.30 Million [+]
Retirement Age Women 67.00 66.00 67.00 57.00 [+]
Retirement Age Men 67.00 66.00 67.00 57.00 [+]
Employment Change 0.30 0.60 3.50 -2.70 percent [+]
Wages 1169.71 1107.47 1462.20 939.14 EUR/Month [+]
Wages High Skilled 1400.00 1400.00 1400.00 1400.00 EUR/Month [+]
Productivity 87.60 91.50 108.10 70.90 Index Points [+]
Labor Force Participation Rate 52.04 52.20 53.70 51.00 percent [+]




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