Greece Unemployment Rate

Unemployment Rate in Greece remained unchanged at 27.30 percent in April of 2014 from 27.30 percent in March of 2014. Unemployment Rate in Greece averaged 14.01 Percent from 1998 until 2014, reaching an all time high of 27.90 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
27.30 27.30 27.90 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.


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.

The number of employed amounted to 3,471,930 persons. The number of unemployed amounted to 1,303,454 while the number of inactive to 3,370,392.  

The number of employed decreased by 36,860 persons compared with April 2013 (-1.1 percent) and by 3,623 persons compared with March 2014 (-0.1 percent). 

Unemployed decreased by 26,944 persons (-2.0 percent) compared with April 2013 and by 1,266 persons compared with March 2014 (-0.1 percent). 

Inactive persons increased by 17,095 persons (a 0.5 rate of increase) compared with April 2013 and by 268 persons compared with March 2014.   

ELSTAT | Joana Taborda | joana.taborda@tradingeconomics.com
7/10/2014 5:39:08 PM


Recent Releases

Greek Unemployment Rate Falls in March
The seasonally adjusted jobless rate declined to 26.8 percent in March of 2014 from an upwardly revised 26.9 percent in the previous month. Although Greek unemployment remains the highest in the European Union, it fell to a twelve-month low in March. Published on 2014-06-05

Greece Unemployment Rate Falls Slightly to 26.5%
Greek jobless rate declined for the fifth consecutive month to 26.5 percent in February, from a downwardly revised 26.6 percent in the previous month, as the number of inactive persons increased 0.4 percent. Published on 2014-05-08


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-04-10 10:00 AM Greece
Unemployment Rate
Jan 2014 26.7% 27.2% (R) 27.5% 27.6%
2014-05-08 10:00 AM Greece
Unemployment Rate
Feb 2014 26.5% 26.6% (R) 26.5% 26.2%
2014-06-05 10:15 AM Greece
Unemployment Rate
Mar 2014 26.8% 26.9% (R) 26.3%
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 27.3% 27.5%


Labour Last Previous Highest Lowest Unit
Unemployment Rate 27.30 27.30 27.90 7.30 Percent [+]
Employed Persons 3478.93 3498.22 4601.86 3445.48 [+]
Unemployed Persons 1299.76 1318.68 1399.68 324.78 [+]
Job Vacancies 14852.00 12747.00 51613.00 5325.00 [+]
Long Term Unemployment Rate 19.60 19.70 19.70 3.60 percent [+]
Youth Unemployment Rate 56.30 56.80 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 [+]





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