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

Unemployment Rate in Greece decreased to 25.90 percent in August of 2014 from 26.10 percent in July of 2014. Unemployment Rate in Greece averaged 14.37 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.

   
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Greece Unemployment Rate


Actual Previous Highest Lowest Dates Unit Frequency
25.90 26.10 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 Friday, November 28, 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.

The number of employed persons decreased by 15,698 in August compared with July (-0.4 percent), but rose 0.9 percent year-on-year. 

The number of unemployed persons fell by 1.6 percent in August over July and by 8.3 percent over a year earlier. However, the number of inactive persons increased by 31,709 persons compared with July 2014 (+1.0 percent) and by 29,196 persons (+0.9 percent) year-on-year. 

Youth unemployment rate was recorded at 49.3 percent in August of 2014 down from 58.6 percent in the same month of the previous year. 

ELSTAT | Joana Taborda | joana.taborda@tradingeconomics.com
11/13/2014 11:50:06 AM


Recent Releases

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

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. Published on 2014-09-11


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-09-11 10:00 AM
Unemployment Rate  Jun 2014
27.0% 27.1% (R) 27.5% 27.5%
2014-10-09 10:00 AM
Unemployment Rate  Jul 2014
26.4% 26.7% (R) 27.2% 27%
2014-11-13 10:00 AM
Unemployment Rate  Aug 2014
25.9% 26.1% (R) 26.1% 26.3%
2014-12-11 10:00 AM
Unemployment Rate  Sep 2014
25.9% 25.9%


Greece Labour Last Previous Highest Lowest Unit
Unemployment Rate 25.90 26.10 28.00 7.30 percent [+]
Employed Persons 3546.27 3628.45 4601.86 3438.55 [+]
Unemployed Persons 1203.75 1207.28 1390.76 324.78 [+]
Job Vacancies 15921.00 13007.00 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 6.20 Oct/14 6.20 10.90 4.00 percent [+]
Brazil 4.70 Oct/14 4.90 13.10 4.30 percent [+]
Canada 6.50 Oct/14 6.80 13.10 2.90 percent [+]
China 4.10 Sep/14 4.10 4.30 3.90 percent [+]
Euro Area 11.50 Oct/14 11.50 12.00 7.20 percent [+]
France 10.20 May/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 5.10 Oct/14 4.90 14.10 4.80 percent [+]
South Korea 3.50 Oct/14 3.50 7.10 2.90 percent [+]
Spain 23.67 Aug/14 24.47 26.94 4.41 percent [+]
Switzerland 3.10 Oct/14 3.00 5.40 1.60 percent [+]
Turkey 10.10 Aug/14 9.80 16.10 8.00 percent [+]
United Kingdom 6.00 Sep/14 6.00 12.00 3.40 percent [+]
United States 5.80 Oct/14 5.90 10.80 2.50 percent [+]