Labor Force Participation Rate in Greece increased to 51.80 percent in the first quarter of 2019 from 51.70 percent in the fourth quarter of 2018. Labor Force Participation Rate in Greece averaged 52.41 percent from 1998 until 2019, reaching an all time high of 53.70 percent in the third quarter of 2009 and a record low of 51 percent in the fourth quarter of 2001.

Labor Force Participation Rate in Greece is expected to be 52.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Greece to stand at 53.00 in 12 months time. In the long-term, the Greece Labor Force Participation Rate is projected to trend around 53.60 percent in 2020, according to our econometric models.

Greece Labor Force Participation Rate
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Greece Labour Last Previous Highest Lowest Unit
Unemployment Rate 18.10 18.40 27.80 7.30 percent [+]
Employed Persons 3846.33 3758.93 4658.20 3438.10 Thousand [+]
Unemployed Persons 844.04 928.04 1384.90 335.60 Thousand [+]
Part Time Employment 351.90 352.90 385.20 158.68 Thousand [+]
Full Time Employment 3462.20 3480.80 4383.59 3153.50 Thousand [+]
Employment Rate 82.00 80.20 93.28 71.29 percent [+]
Long Term Unemployment Rate 13.00 13.10 19.90 3.60 percent [+]
Youth Unemployment Rate 40.40 38.80 60.20 20.00 percent [+]
Labour Costs 93.20 93.50 107.40 48.50 Index Points [+]
Job Vacancies 8288.00 13584.00 51613.00 2825.00 [+]
Minimum Wages 758.33 758.33 876.62 522.00 EUR/Month [+]
Population 10.74 10.77 11.12 8.30 Million [+]
Retirement Age Women 67.00 67.00 67.00 57.00 [+]
Retirement Age Men 67.00 67.00 67.00 57.00 [+]
Labor Force Participation Rate 51.80 51.70 53.70 51.00 percent [+]
Living Wage Family 1070.00 1080.00 1080.00 1030.00 EUR/Month [+]
Living Wage Individual 595.00 600.00 600.00 555.00 EUR/Month [+]
Wages High Skilled 1510.00 1590.00 1710.00 1510.00 EUR/Month [+]
Wages Low Skilled 717.00 868.00 913.00 717.00 EUR/Month [+]
Productivity 88.90 93.10 108.10 70.90 Index Points [+]
Employment Change 0.60 0.20 3.60 -2.80 percent [+]


Greece Labor Force Participation Rate

This page provides - Greece Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Greece Labor Force Participation Rate - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
51.80 51.70 53.70 51.00 1998 - 2019 percent Quarterly
NSA




Country Last Previous
United Kingdom 79.20 Mar/19
France 72.30 Mar/19
Netherlands 71.00 Apr/19
Indonesia 69.20 Dec/18
Switzerland 68.30 Mar/19
Singapore 67.70 Dec/18
Australia 66.00 May/19
Canada 65.70 May/19
Italy 65.70 Apr/19
South Korea 64.00 May/19
United States 62.80 May/19
Japan 62.10 Apr/19
Russia 62.10 Feb/19
Brazil 61.90 Apr/19
Germany 61.80 Dec/18
Mexico 59.70 Apr/19
South Africa 58.80 Mar/19
Spain 58.35 Mar/19
Euro Area 57.40 Dec/18
Saudi Arabia 55.90 Dec/18
Turkey 53.30 Mar/19
India 50.30 Dec/14
Argentina 47.00 Mar/19


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