Greece Unemployment Charge

Greece’s adjusted unemployment fee stayed at 9.4% in November 2023, the bottom since June 2009, the identical because the revised fee from the prior month. The variety of unemployed decreased by round 12 thousand over the earlier month to 430 thousand, whereas the variety of employed fell by 88 thousand to 4.162 million. In the meantime, the variety of individuals outdoors the labour pressure, i.e., individuals beneath the age of 75, that neither work nor search for a job, rose by round 98 thousand to three.198 million. In comparison with the identical month of the earlier yr, jobseekers fell by 23.4%, whereas employment grew by 0.3%. A yr in the past, the unemployment fee was greater at 11.9%. supply: Nationwide Statistical Service of Greece

Unemployment Charge in Greece remained unchanged at 9.40 p.c in November. Unemployment Charge in Greece averaged 16 p.c from 1998 till 2023, reaching an all time excessive of 28.20 p.c in July of 2013 and a file low of seven.50 p.c in Might of 2008. This web page supplies the most recent reported worth for – Greece Unemployment Charge – plus earlier releases, historic excessive and low, short-term forecast and long-term prediction, financial calendar, survey consensus and information. Greece Unemployment Charge – information, historic chart, forecasts and calendar of releases – was final up to date on January of 2024.

Unemployment Charge in Greece remained unchanged at 9.40 p.c in November. Unemployment Charge in Greece is predicted to be 10.40 p.c by the top of this quarter, based on Buying and selling Economics international macro fashions and analysts expectations. Within the long-term, the Greece Unemployment Charge is projected to development round 9.60 p.c in 2025, based on our econometric fashions.

In Greece, the unemployment fee measures the variety of individuals actively in search of a job as a share of the labour pressure.