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

Unemployment Rate in Greece decreased to 24.99 percent in May from 25.58 percent in April of 2015. Unemployment Rate in Greece averaged 14.70 percent from 1998 until 2015, reaching an all time high of 27.91 percent in September of 2013 and a record low of 7.29 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
24.99 25.58 27.91 7.29 1998 - 2015 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. Content for - Greece Unemployment Rate - was last refreshed on Friday, September 4, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-06-04 10:10 AM Mar 25.6% 25.6%(R) 26.3%
2015-07-09 10:00 AM Apr 25.6% 25.8%(R) 25.6% 25.9%
2015-08-06 10:00 AM May 25% 25.6% 25.4%
2015-09-10 10:00 AM Jun 25% 24.8%
2015-10-08 10:00 AM Jul 24.9%
2015-11-12 10:00 AM Aug 24.7%


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.

The number of unemployed declined 1.3 percent to 1,200,981 persons and employment increased by 1.8 percent to 3,604,102 persons. The number of inactive decreased 1.6 percent to 3,286,476 persons in May. 

A year earlier, unemployment rate was recorded at 27 percent. The number of unemployed persons fell 7.6 percent while employment rose 2.3 percent. The number of inactive persons declined 1 percent.

Unemployment affected mainly people aged 15 to 24 years in April of 2015 as more than half of young active population was unemployed (51.8 percent). Youth unemployment rate was recorded at 53.2 in the previous month and at 53.1 percent a year earlier.

The unemployment rate for males decreased 1.4 p.p. to 22.4 percent from 23.8 percent in May 2014 and for females it was down by a faster 2.7 p.p. to 28.2 percent when compared to 30.9 percent last year.

ELSTAT | joana.ferreira@tradingeconomics.com
8/6/2015 10:24:05 AM


Recent Releases

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.
Published on 2015-07-09

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.
Published on 2015-06-04

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.
Published on 2015-05-06

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.
Published on 2015-04-09


Greece Labour Last Previous Highest Lowest Unit
Unemployment Rate 24.99 25.58 27.91 7.29 percent [+]
Employed Persons 3630.04 3588.75 4601.86 3438.09 Thousand [+]
Unemployed Persons 1146.72 1231.46 1390.76 324.78 Thousand [+]
Job Vacancies 14930.00 17541.00 51613.00 5325.00 [+]
Long Term Unemployment Rate 18.90 19.10 19.90 3.60 percent [+]
Youth Unemployment Rate 51.80 52.50 60.50 20.10 percent [+]
Labour Costs 81.80 103.50 115.20 49.50 Index Points [+]
Population 10.81 10.99 11.19 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 [+]
Minimum Wages 683.76 683.76 876.62 522.00 EUR/Month [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.30 Jul/15 6.00 10.90 4.00 percent [+]
Brazil 7.50 Jul/15 6.90 13.10 4.30 percent [+]
Canada 6.80 Jul/15 6.80 13.10 2.90 percent [+]
China 4.04 Jun/15 4.10 4.30 3.90 percent [+]
Euro Area 10.90 Jul/15 11.10 12.10 7.20 percent [+]
France 10.30 Jun/15 10.30 10.80 7.20 percent [+]
Germany 4.70 Jul/15 4.70 14.20 0.40 percent [+]
India 4.90 Dec/13 5.20 9.40 4.90 percent [+]
Indonesia 5.81 Mar/15 5.94 11.24 2.00 percent [+]
Italy 12.00 Jul/15 12.50 13.00 5.80 percent [+]
Japan 3.30 Jul/15 3.40 5.60 1.00 percent [+]
Mexico 4.72 Jul/15 4.41 5.93 2.22 percent [+]
Netherlands 6.80 Jul/15 6.90 7.90 3.60 percent [+]
Russia 5.30 Jul/15 5.40 14.10 4.80 percent [+]
South Korea 3.70 Jul/15 3.90 7.10 2.90 percent [+]
Spain 22.37 Jun/15 23.78 26.94 4.41 percent [+]
Switzerland 3.10 Jul/15 3.10 5.40 1.60 percent [+]
Turkey 9.30 May/15 9.60 14.80 7.30 percent [+]
United Kingdom 5.60 Jun/15 5.60 12.00 3.40 percent [+]
United States 5.30 Jul/15 5.30 10.80 2.50 percent [+]