Greece Unemployment Rate

Unemployment Rate in Greece increased to 27 percent in February of 2013 from 26.70 percent in January of 2013. Unemployment Rate in Greece is reported by the Hellenic Statistical Authority. Historically, from 1998 until 2013, Greece Unemployment Rate averaged 12.41 Percent reaching an all time high of 27 Percent in February of 2013 and a record low of 7.30 Percent in May of 2008. In Greece, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Greece Unemployment Rate.

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Greece Unemployment Rate
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Greece Unemployment Rate Rises to Record High 27% in February
ELSTAT | Nuno Fontes | nuno@tradingeconomics.com  |  5/9/2013 10:09:35 AM


Unemployment rate in February 2013 was 27.0 percent compared to 21.9 percent in February 2012 and 26.7 percent in January 2013 (revised down from 27.2 percent). The number of employed amounted to 3,568,186 persons.

Τhe number of unemployed amounted to 1,320,189 while the number of inactive to 3,358,649. The number of employed decreased by 270,766 persons compared with February 2012 (a 7.1 percent rate of decrease) and by 28,650 persons compared with January 2013 (a 0.8 percent rate of decrease). 
 
Unemployed increased by 245,021 persons (a 22.8 percent rate of increase) compared with February 2012 and by 11,663 persons compared with January 2013 (a 0.9 percernt rate of increase).
 
Inactive persons (persons that neither worked neither looked for a job) decreased by 2,287 persons (a 0.1 percent rate of increase) compared with February 2012 and by 5,300 persons compared with January 2013 (a 0.2 percent rate of increase). 

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Greece Unemployment Rate Up to All-Time High 27.2% in January
Unemployment rate in January 2013 was 27.2 percent compared to 21.5 percent in January 2012 and 25.7 percent in December 2012. The number of employed amounted to 3.62 million persons. The number of unemployed amounted to 1.39 million while the number of inactive to 3.35 million. 2013-04-11

Greece Unemployment Reaches Record 27 Percent in November
Unemployment rate in November 2012 was 27 percent compared to 20.8 percent in November 2011 and 26.6 percent in October 2012. The number of employed amounted to 3.64 million persons. The number of unemployed amounted to 1.35 million while the number of inactive to 3.34 million. 2013-02-15

Greece Unemployment Rate Drops Slightly in December to 24.6 Percent
Unemployment rate in December 2012 was 26.4 percent compared to 21.4 percent in December 2011 and 26.6 percent in November 2012. The number of employed amounted to 3.68 million persons. The number of unemployed amounted to 1.32 million while the number of inactive to 3.34 million. 2013-03-07




Unemployment Rate | Notes

The unemployment rate can be defined as the number of people actively looking for a job divided by the labour force. Changes in unemployment depend mostly on inflows made up of non-employed people starting to look for jobs, of employed people who lose their jobs and look for new ones and of people who stop looking for employment.






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