Greece Unemployment Rate 1998-2015 | Data | Chart | Calendar | Forecast

Unemployment Rate in Greece increased to 25.80 percent in October of 2014 from 25.70 percent in September of 2014. Unemployment Rate in Greece averaged 14.54 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
25.80 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 Monday, January 26, 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.

Figures for September were revised upwards to show unemployment rate at 26 percent from an initial 25.7 percent. 

In October, employment increased 0.2 percent over the previous month to 3,585,234 persons. Year-on-year, it increased 2.1 percent. 

The number of unemployed persons fell 1.1 percent compared with September to 1,245,340. Year-on-year, it dropped 7.7 percent. 

There were 3,288,819 inactive persons (persons that neither worked neither looked for a job) in October, 0.1 percent more than in September but 0.3 percent less than a year earlier. 

Youth unemployment rate was recorded at 50.6 percent. It is the highest rate among age groups.

ELSTAT | Joana Taborda | joana.taborda@tradingeconomics.com
1/8/2015 11:28:12 AM


Recent Releases

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. Published on 2014-12-11

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


Calendar GMT Event Actual Previous Consensus Forecast (i)
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%
2015-01-08 10:00 AM
Unemployment Rate  Oct
25.8% 26.0% (R) 25.5%
2015-02-13 10:00 AM
Unemployment Rate  Nov
25.8% 25.9%
2015-03-06 10:00 AM
Unemployment Rate  Dec
26%
2015-04-10 10:00 AM
Unemployment Rate  Jan
26.1%


Greece Labour Last Previous Highest Lowest Unit
Unemployment Rate 25.80 26.00 28.00 7.30 percent [+]
Employed Persons 3597.71 3582.65 4601.86 3438.55 Thousand [+]
Unemployed Persons 1219.79 1219.12 1390.76 324.78 Thousand [+]
Job Vacancies 17541.00 18596.00 51613.00 5325.00 [+]
Long Term Unemployment Rate 19.90 19.90 19.90 3.60 percent [+]
Youth Unemployment Rate 50.60 50.40 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 6.10 Dec/14 6.20 10.90 4.00 percent [+]
Brazil 4.80 Nov/14 4.70 13.10 4.30 percent [+]
Canada 6.60 Dec/14 6.60 13.10 2.90 percent [+]
China 4.10 Nov/14 4.10 4.30 3.90 percent [+]
Euro Area 11.50 Nov/14 11.50 12.00 7.20 percent [+]
France 10.40 Aug/14 10.10 10.80 7.20 percent [+]
Germany 5.00 Nov/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 13.40 Nov/14 13.30 13.40 5.90 percent [+]
Japan 3.50 Nov/14 3.50 5.60 1.00 percent [+]
Mexico 3.76 Dec/14 4.53 5.93 2.22 percent [+]
Netherlands 8.10 Dec/14 8.00 8.80 3.40 percent [+]
Russia 5.20 Nov/14 5.10 14.10 4.80 percent [+]
South Korea 3.50 Dec/14 3.40 7.10 2.90 percent [+]
Spain 23.70 Nov/14 23.67 26.94 4.41 percent [+]
Switzerland 3.40 Dec/14 3.20 5.40 1.60 percent [+]
Turkey 10.40 Oct/14 10.50 16.10 8.00 percent [+]
United Kingdom 5.80 Nov/14 6.00 12.00 3.40 percent [+]
United States 5.60 Dec/14 5.80 10.80 2.50 percent [+]