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Greece

Greek Unemployment Rates Are the Highest in the EU

Eurostat figures released on Friday place Greece at the top of the unemployment table within the Eurozone as well as the European Union. Greece's figures, which take into account data available until the month of July, show a 25% seasonally adjusted unemployment rate, which...

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...

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...

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...

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...

EU Approves 'Enhanced Surveillance' for Post-Bailout Greece

The European Commission on Wednesday said Greece will remain under an "enhanced surveillance framework" to ensure that it meets ambitious budget targets through 2022. The country will still be subject to quarterly inspections from creditors after the bailout program ends...

Greek Unemployment Remains High, Despite Eurozone Decline

Greek unemployment remains among the highest in the eurozone, it was revealed on Thursday. Although official data from Eurostat showed eurozone unemployment fell to 8.5 percent in March -- the lowest rate recorded in the euro area since December 2008...

Youth Unemployment Still Leads Greek Joblessness

It was revealed on Thursday that Greek unemployment fell to 20.8 percent in December -- a more-than-two-percent decline year-on-year. ELSTAT, the Greek statistics body, issued new data which showed joblessness had fallen both in annual and quarterly terms. In December there...

Greek Unemployment Rate Fell to 20.6 pct in August, Eurostat Reports

The unemployment rate in Greece fell to 20.6 pct of the workforce in August, from 20.9 pct in July, Eurostat said on Thursday. In a report released here, the EU executive's statistics agency said that Greece and Cyprus recorded...

Eurostat: Greek Women Underpaid and Overworked at Home

Greek women are underpaid at work and overworked in their household duties, says a new Eurostat report titled "Life of women and men in Europe - statistical portraits". The study was conducted in cooperation with the National Statistical Institutes of...

Greek Unemployment Rate Drops Slightly to 21.7% in May

The unemployment rate in Greece recorded a slight drop to 21.7% in May from 21.8% in April, Eurostat said in a report released on Thursday. In the eurozone, the unemployment remained stable to 9.1% and in the EU to 7.7%. A...

Eurostat: Greek Unemployment Rate Eased to 21.7% in April

The Greek unemployment rate eased to 21.7 pct in April from 22 pct in March, Eurostat said in a report released here on Monday. In the Eurozone, the unemployment rate eased to 9.1 pct in June from 9.2 pct in...

Greece Is the Champion of Unemployment in the EU: At 23.5% in January

Unemployment in Greece remained stable at 23.5% in January 2017, compared to December 2016, according to Eurostat data released today. Unemployment remained stable in the eurozone at 9.6% in March compared to February 2017. In EU-28, unemployment stood at 8%...

ELSTAT: Unemployment in Greece Dips Slightly in Q3 to 22.6 Percent

The debt crisis and the austerity-induced recession is reported to have wiped out around a quarter of Greece's economic revenues and has caused the country's employment sector to rank highest in the EU for unemployment, Reuter says. The latest figures...

Greek Unemployment at 23.4% in August

Greek unemployment rate rose to 23.4 pct of the workforce in August from 23.3 pct in July, Eurostat said on Thursday. The EU executive's statistics office, in a report released here, said the unemployment rate in the Eurozone eased to...