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

Unemployment Rate in Greece decreased to 26.40 percent in July of 2014 from 26.70 percent in June of 2014. Unemployment Rate in Greece averaged 14.29 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.

   
 
 

Greece Unemployment Rate


Actual Previous Highest Lowest Dates Unit Frequency
26.40 26.70 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 Thursday, October 23, 2014.


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.

The number of employed amounted to 3,581,832 persons, increasing by 72,657 persons compared with July of 2013 (+ 2.1 percent) and by 34,218 persons compared with June 2014 (+1.0 percent)

The number of unemployed amounted to 1,281,686, 5.1 percent lower than a year earlier, and 0.9 percent less than in the previous month.  

Inactive persons –that is, persons that neither worked neither looked for a job– decreased by 52,105 to 3,268,994 (a 1.6 percent rate of decrease) compared with July 2013 and by 26,760 persons compared with June 2014 (a 0.8 percent rate of decrease).

ELSTAT | Joana Taborda | joana.taborda@tradingeconomics.com
10/9/2014 10:57:45 AM


Recent Releases

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

Greek Unemployment Steady at 27.3%
Greece seasonally adjusted jobless rate was recorded at 27.3 percent in April of 2014, unchanged from March’s revised level. Published on 2014-07-10


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-07-10 10:00 AM Greece
Unemployment Rate
Apr 2014 27.3% 27.3% (R) 26.7%
2014-08-07 10:00 AM Greece
Unemployment Rate
May 2014 27.2% 27.3% 27.5%
2014-09-11 10:00 AM Greece
Unemployment Rate
Jun 2014 27.0% 27.1% (R) 27.5% 27.5%
2014-10-09 10:00 AM Greece
Unemployment Rate
Jul 2014 26.4% 26.7% (R) 27.2% 27%
2014-11-13 10:00 AM Greece
Unemployment Rate
Aug 2014 26.4% 26.5%


Greece Labour Last Previous Highest Lowest Unit
Unemployment Rate 26.40 26.70 28.00 7.30 Percent [+]
Employed Persons 3628.45 3562.53 4601.86 3438.55 [+]
Unemployed Persons 1207.28 1249.16 1390.76 324.78 [+]
Job Vacancies 14852.00 12747.00 51613.00 5325.00 [+]
Long Term Unemployment Rate 19.90 19.90 19.90 3.60 percent [+]
Youth Unemployment Rate 51.50 51.60 60.80 21.20 Percent [+]
Labour Costs 95.50 81.90 122.90 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 [+]