Unemployment in Greece
Greece - Unemployment
Unemployment rate falls to new low in October
The number of unemployed decreased by 8,200 in October, according to the Hellenic Statistical Authority (EL.STAT.). The result followed the 11,300 decrease in unemployed seen in September.
The unemployment rate inched down from September’s 23.1% to 23.0% in October. October’s figure marked the lowest unemployment rate since March 2012 and was below that of the same month of the previous year (October 2015: 24.4%). Despite the improvements registered over the past year, Greece’s unemployment rate is still well above the Eurozone average.
FocusEconomics Consensus Forecast panelists expect unemployment to average 22.4% in 2017. For 2018, the panel expects the unemployment rate to average 21.2%.
Greece - Unemployment Data
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Greece Unemployment Chart
Source: National Statistical Service.
|Bond Yield||7.04||0.0 %||Jan 20|
|Exchange Rate||1.07||0.63 %||Jan 20|
|Stock Market||639||-0.52 %||Jan 20|
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January 12, 2017
The number of unemployed decreased by 8,200 in October, according to the Hellenic Statistical Authority (EL.STAT.).
January 10, 2017
Industrial production expanded a working-day adjusted 2.3% in November compared to the same month of the previous year, which was a deceleration from October’s revised 7.0% rise (previously reported: +6.8% year-on-year).
January 3, 2017
The Markit manufacturing Purchasing Managers’ Index (PMI) rose in December, after falling to a one-year low in November.
December 20, 2016
Following months of calm and relative compliance with creditor demands, tensions spiked in December between the Greek government and its lenders.
December 9, 2016
Industrial production in Greece expanded a working-day adjusted 6.8% in October compared to the same month last year, which was a large improvement from September’s 0.1% rise.