Unemployment in Greece
Greece - Unemployment
Unemployment rate rests at multi-year low in December
The number of unemployed in Greece decreased by 2,300 in December, according to the Hellenic Statistical Authority (EL.STAT.). The result followed the 800 decrease in unemployed seen in November.
The unemployment rate was stable at 23.1% in December for the third consecutive month. The unemployment rate is at the lowest level since March 2012 (December 2015: 24.1%). Despite the improvements registered over the past years, Greece’s unemployment rate is still well above the Eurozone average.
FocusEconomics Consensus Forecast panelists expect unemployment to average 22.5% in 2017. For 2018, the panel expects the unemployment rate to average 21.3%.
Greece - Unemployment Data
5 years of economic forecasts for more than 30 economic indicators.
Greece Unemployment Chart
Source: National Statistical Service.
|Bond Yield||7.36||-3.40 %||Mar 27|
|Exchange Rate||1.09||0.73 %||Mar 27|
|Stock Market||647||1.72 %||Mar 27|
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March 10, 2017
Industrial production expanded a working-day adjusted 7.2% in January compared to the same month of last year, which was above December’s revised 2.5% rise (previously reported: +2.2% year-on-year).
March 9, 2017
The number of unemployed in Greece decreased by 2,300 in December, according to the Hellenic Statistical Authority (EL.STAT.).
March 6, 2017
A complete dataset released on 6 March by the Hellenic Statistical Authority (EL.STAT) showed that the deterioration in Greece’s economy at the end of 2016 was much worse than previously estimated.
March 1, 2017
The Markit manufacturing Purchasing Managers’ Index (PMI) edged up in February, after coming in at the lowest level since September 2015 in January.
February 14, 2017
Growth in Greece’s crisis-hit economy stalled in the fourth quarter after recording the best performance seen since Q1 2008 in Q3.