Labor Force Participation Rate in Greece increased to 52.30 percent in the second quarter of 2019 from 51.80 percent in the first quarter of 2019. 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 52.30 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 52.50 in 12 months time. In the long-term, the Greece Labor Force Participation Rate is projected to trend around 52.60 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 16.90 17.10 27.80 7.30 percent [+]
Employed Persons 3918.08 3989.27 4658.20 3438.10 Thousand [+]
Unemployed Persons 784.66 742.98 1384.90 335.60 Thousand [+]
Part Time Employment 362.00 351.90 385.20 158.68 Thousand [+]
Full Time Employment 3594.50 3462.20 4383.59 3153.50 Thousand [+]
Employment Rate 83.31 84.30 93.28 71.29 percent [+]
Long Term Unemployment Rate 12.50 13.00 19.90 3.60 percent [+]
Youth Unemployment Rate 33.00 33.00 59.60 21.00 percent [+]
Labour Costs 91.90 93.20 107.40 48.50 Index Points [+]
Job Vacancies 14343.00 12570.00 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 52.30 51.80 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 91.70 88.90 108.10 70.90 Index Points [+]
Employment Change 0.70 0.70 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52.30 51.80 53.70 51.00 1998 - 2019 percent Quarterly
NSA




Country Last Previous
United Kingdom 79.00 Jul/19
France 72.00 Jun/19
Netherlands 71.30 Sep/19
Indonesia 69.20 Dec/18
Switzerland 68.40 Jun/19
Russia 67.90 Jun/19
Singapore 67.70 Dec/18
Australia 66.10 Sep/19
Italy 65.80 Jul/19
Canada 65.70 Sep/19
South Korea 63.50 Sep/19
United States 63.20 Sep/19
Japan 62.30 Aug/19
Brazil 62.10 Aug/19
Germany 61.60 Jun/19
Mexico 60.40 Aug/19
South Africa 59.80 Jun/19
Spain 58.74 Jun/19
Saudi Arabia 57.90 Jun/19
Euro Area 57.30 Jun/19
Turkey 53.10 Jul/19
India 49.80 Dec/18
Argentina 47.70 Jun/19


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