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Greece

Greece Extends Unemployment, Other Coronavirus-Related Financial Measures

It was announced that a new financial package addressing the many economic ramifications of the ongoing coronavirus pandemic will be presented to Greece's Minister of Finance, Christos Staikouras, on Tuesday. The details of the package include an extension in unemployment...

Greek Unemployment Rate Falls to New Record-Low Levels

The Greek unemployment rate fell to 16.5 percent of the workforce in November of 2019, the latest month for which official data is available. The unemployment rate during the same month in 2018 was 18.6 percent, dropping to 16.6 percent in...

Greek Unemployment Continues Downward Trend; Falls to 16.9% in July

The unemployment rate in Greece fell to 16.9 percent of the workforce in July of 2019, from a level of 19.1 percent seen exactly one year earlier and 17.1 percent in June of this year, the Hellenic (Greek) Statistical Authority...

Unemployment Drops to 16.9 Percent in Greece, Lowest Point Since 2011

According to a new report that the Greece Statistical Authority ELSTAT announced on Thursday, unemployment in the country fell to 16.9 percent during the second quarter of 2019. More specifically, 13.7 percent of Greek men are currently unemployed, while the...

Greece Remains First in the EU in Unemployment Among University Graduates

Τhe Center for the Development of Educational Policy of the General Confederation of Workers of Greece (KANEP-GSEE) published a study in Thessaloniki recently in which it shows that unemployment among young Greek university graduates remains very high,  after nearly...

Eurostat Says Greece Recorded Largest Annual Unemployment Decline in April

The unemployment rate in Greece eased down to 17.6 percent of the workforce in April from the rate of 18.2 percent seen in March, Eurostat announced in a report released on Wednesday. The EU statistical service's report revealed that Greece recorded...

Greek Unemployment Falls to 17.6 Percent in April, Lowest Since 2011

The Greek unemployment rate fell to 17.6 per cent of the workforce in April 2019 from 18.2 per cent in March and 19.8 pct in April last year, the Greek Statistical Authority (ELSTAT) said in a report on Thursday. This...

Greek Unemployment at 19.2 Percent in First Quarter of 2019

The Greek unemployment rate fell to 19.2 percent of the workforce in the first quarter of 2019. This rate is a substantial decrease from the 21.2 percent seen in the same period last year, but an increase from the...

Greek Unemployment Down 2.1 Percent in February of 2019 Compared to Year Prior

The Greek Statistical Authority (ELSTAT) issued a report on Thursday which shows that unemployment in Greece fell from 20.6 percent in February of 2018 to 18.5 percent in February of 2019. The unemployment rate also recorded a small decline on a...

Greece Records Largest Annual Unemployment Decrease in EU for 2018

Greece recorded the largest annual unemployment rate decrease in the EU for 2018, Eurostat disclosed in a report which was released on Monday. The European Executive's Statistics Service noted that the Greek unemployment rate fell a full 2.8 points, from 20.8...

Greek Unemployment in December Lowest Since July of 2011

Greece's jobless rate dropped to 18% in December from a downwardly-revised 18.3% in the previous month, data from the country's statistics service ELSTAT showed on Thursday. December's unemployment rate was the lowest reading since July of 2011. Seasonally-adjusted data showed the...

Unemployment on the Decline in Greece and Cyprus

According to data released by Eurostat on Friday, Cyprus has recorded the largest annual decrease of unemployment anywhere in the EU -- and Greece came in second in that regard. Unemployment in Cyprus fell further in January, 2019, to 7.4...

Greek Unemployment Falls; Still Highest in Europe

The Greek unemployment rate fell slightly to 18.6 percent of the workforce in September 2018 from a level of 18.9 percent in August, Eurostat said on Wednesday. In its latest report, released this week, the E.U. statistics agency said that...

Greek Unemployment Drops to 18.6%

  The unemployment rate in Greece, dropped to 18.6 percent in September 2018, coming down three-tenths of a percent from the rate of 18.9 the previous month. The new, seasonally-adjusted rate represents a 2.2 percent decrease from the rate of 20.8...

Greece Has Highest Unemployment in the EU

Although unemployment in Greece dropped from 19 percent in July to 18.9 percent in August, it remains the country with the highest unemployment rate in the EU. According to the EU official statistical authority Eurostat, in October joblessness in the...