Greece Unemployment Rate 1998-2014 | Data | Chart | Calendar | Forecast

Unemployment Rate in Greece decreased to 25.70 percent in September of 2014 from 26 percent in August of 2014. Unemployment Rate in Greece averaged 14.46 percent from 1998 until 2014, reaching an all time high of 28 percent in September 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.

      Forecast    
Greece Unemployment Rate


Actual Previous Highest Lowest Dates Unit Frequency
25.70 26.00 28.00 7.30 1998 - 2014 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 - Greece Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Greece Unemployment Rate - was last refreshed on Wednesday, December 17, 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.

The number of employed people increased by 1.6 percent (+ 55085 persons) to 3589280 persons in September compared to August. Comparing with the same month of the previous year, employment rose 2.3 percent (+ 79247 persons).

The number of unemployed persons fell by 0.1 percent (- 940 persons) to 1241114 persons in September over August. Comparing with September of 2013, unemployed decreased by 9 percent (- 123115 persons).

The number of Inactive persons, that neither worked neither looked for a job, decreased by 1.7 percent (-58519 persons) compared with the previous month and fell 0.2 percent (- 6501 persons) compared with September 2013.

Youth unemployment rate was recorded at 49.8 percent in September of 2014, down from 57.3 percent in the same month of the previous period. It is the highest rate among age groups.

ELSTAT | Carolina Cunha | carolina.cunha@tradingeconomics.com
12/11/2014 1:05:05 PM


Recent Releases

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. Published on 2014-11-13

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. Published on 2014-10-09


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-10-09 10:00 AM
Unemployment Rate  Jul
26.4% 26.7% (R) 27.2% 27%
2014-11-13 10:00 AM
Unemployment Rate  Aug
25.9% 26.1% (R) 26.1% 26.3%
2014-12-11 10:00 AM
Unemployment Rate  Sep
25.7% 26% (R) 25.9%
2015-01-09 10:30 AM
Unemployment Rate  Oct
25.5%
2015-02-13 10:00 AM
Unemployment Rate  Nov
25.3%
2015-03-06 10:00 AM
Unemployment Rate  Dec
25.1%


Greece Labour Last Previous Highest Lowest Unit
Unemployment Rate 25.70 26.00 28.00 7.30 percent [+]
Employed Persons 3582.65 3546.27 4601.86 3438.55 [+]
Unemployed Persons 1219.12 1203.75 1390.76 324.78 [+]
Job Vacancies 18596.00 15921.00 51613.00 5325.00 [+]
Long Term Unemployment Rate 19.90 19.90 19.90 3.60 percent [+]
Youth Unemployment Rate 49.30 49.90 60.80 21.20 percent [+]
Labour Costs 77.90 70.40 122.90 49.30 Index Points [+]
Population 11.06 11.12 11.19 8.33 Million [+]
Retirement Age Women 65.00 63.50 65.00 57.00 [+]
Retirement Age Men 65.00 65.00 65.00 57.00 [+]
Minimum Wages 683.80 683.80 876.60 522.00 EUR [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.30 Nov/14 6.20 10.90 4.00 percent [+]
Brazil 4.70 Oct/14 4.90 13.10 4.30 percent [+]
Canada 6.60 Nov/14 6.50 13.10 2.90 percent [+]
China 4.10 Aug/14 4.10 4.30 3.90 percent [+]
Euro Area 11.50 Oct/14 11.50 12.00 7.20 percent [+]
France 10.40 Aug/14 10.10 10.80 7.20 percent [+]
Germany 4.90 Oct/14 5.00 14.20 0.40 percent [+]
India 5.20 Dec/12 6.30 9.40 5.20 percent [+]
Indonesia 5.94 Aug/14 5.70 11.24 2.00 percent [+]
Italy 13.20 Oct/14 12.90 13.20 5.90 percent [+]
Japan 3.50 Oct/14 3.60 5.60 1.00 percent [+]
Mexico 4.78 Oct/14 5.08 5.93 2.22 percent [+]
Netherlands 8.00 Oct/14 8.00 8.80 3.40 percent [+]
Russia 5.20 Nov/14 5.10 14.10 4.80 percent [+]
South Korea 3.40 Nov/14 3.50 7.10 2.90 percent [+]
Spain 23.67 Aug/14 24.47 26.94 4.41 percent [+]
Switzerland 3.20 Nov/14 3.10 5.40 1.60 percent [+]
Turkey 10.50 Sep/14 10.10 16.10 8.00 percent [+]
United Kingdom 6.00 Oct/14 6.00 12.00 3.40 percent [+]
United States 5.80 Nov/14 5.80 10.80 2.50 percent [+]