Greece Unemployment January 2017


Greece: Unemployment rate stable in January

April 6, 2017

The number of unemployed decreased by 2,100 in January, according to the Hellenic Statistical Authority (EL.STAT.). The result followed the 1,000 increase in unemployed seen in December.

The unemployment rate was stable at December’s revised 23.5% in January (previously reported: 23.1%). The unemployment rate is below that seen in the same month last year, however, it 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 21.4%.

Author: Angela Bouzanis, Senior Economist

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Greece Unemployment Chart

Greece Unemployment January 2017

Note: Month-on-month variation of unemployed people in thousands and unemployment rate in %.
Source: Hellenic Statistical Authority (EL.STAT).

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