The seasonally adjusted unemployment rate in Greece fell to 11.8 percent in September of 2022, the lowest jobless rate since March of 2010, from a downwardly revised 12.1 percent in the previous month. The number of unemployed persons fell by 8.4 thousand from the prior month to 556.3 thousand, while the number of employed increased by 43.4 thousand to 4.1 million. Those under the age of 24 years were the hardest hit, with the youth unemployment rate rising to 28.5 percent from 26.3 percent a year earlier. Meanwhile, the number of people outside the labor force decreased by 37.6 thousand to 3.1 million. source: National Statistical Service of Greece
Unemployment Rate in Greece averaged 16.28 percent from 1998 until 2022, reaching an all time high of 28.30 percent in July of 2013 and a record low of 7.30 percent in May of 2008. This page provides the latest reported value for - Greece Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Greece Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.
Unemployment Rate in Greece is expected to be 14.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Unemployment Rate is projected to trend around 14.80 percent in 2023 and 15.00 percent in 2024, according to our econometric models.