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Greece

ELSTAT: Rise in Long-term Unemployment in Greece in 2016

Greece is experiencing a rise in long-term unemployment, ELSTAT, the country's statistics agency has reported. In the last quarter report for 2016, ELSTAT reported that 807,000 people have endured long-term unemployment, meaning that they have not worked for 12 months or...

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...

ELSTAT Rejects Claims that Official Figures Underestimate 'Real' Unemployment

Greece's independent statistical authority ELSTAT on Monday criticized a recent report by the Employment Institute of the General Confederation of Employees of Greece (GSEE) trade union group, advising "avoidance of references to 'real' unemployment rates" and rejecting suggestions that...

ELSTAT: Greece's August Unemployment 1.2% Improvement From Last Year

Greece's unemployment rate rose slightly to 23.4 percent of the workforce in August, from 23.3 percent in July, but fell from 24.6 percent in August last year, Hellenic Statistical Authority (ELSTAT) said on Thursday. In a report ELSTAT said that the number...

ELSTAT: Unemployment in Greece at 24.4% in January

The percentage of unemployment in Greece in January 2016 has dropped to 24.4% in comparison with the 25.7% of January 2015, according to the Hellenic Statistical Authority (ELSTAT) The unemployment rate in December 2015 was at 24.3%. The total number...

ELSTAT: Greek Unemployment Rate Dropped in April 2015

Unemployment in Greece dropped to 25.6% in April 2015, a slight improvement compared to the 25.8% rate in March. The number of unemployed Greek citizens amounted to 1,216,870, mainly young people (53.2%) and in the most productive age group...

ELSTAT: Greek Unemployment Fell to 25.9% in Aug‏ust

Greek unemployment rate fell to 25.9% in August, 0.2% lower from 26.1% in July and 1.9% lower from August 2013, it was announced by the Hellenic Statistical Authority (ELSTAT) earlier today. The decrease within a 12-month period is reflecting the...

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...

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...

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...

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...

Greek Unemployment Drops to Lowest Level Since 2011

Greek unemployment rate fell to 18.9 percent of the workforce in August, falling to its lowest level since August 2011, according to figures released on Thursday by the Hellenic Statistical Authority (ELSTAT). The number of unemployed people fell by 95,760...