Unemployment in Greece

For up to date Greece unemployment info, see Trading Economics and ELSTAT

Chart showing unemployment 2006 to Q4 2012

February 9, 2012

Unemployment now at 20.9%

The Elstat Statistical Agency released information on November 2011 employment figures:

"Unemployment rate in November 2011 was 20.9% compared to 13.9% in November 2010 and 18.2% in October 2011. The number of employed amounted to 9,901,269 persons. Τhe number of unemployed amounted to 1,029,587 while the number of inactive to 4,423,657. The corresponding figures for November 2006 to 2011 are presented in Table 1.

The number of employed decreased by 405,785 persons compared with November 2010 (a 9.4% rate of decrease) and by 164,506 persons compared with October 2011 (a 4.0% rate of decrease).

Unemployed increased by 337,010 persons (a 48.7% rate of increase) compared with November 2010 and by 126,062 persons compared with October 2011 (a 14.0% rate of increase).

Inactive persons –that is, persons that neither worked neither looked for a job– increased by 102,730 persons (a 2.4% rate of increase) compared with November 2010 and by 41,301 persons compared with October 2011 (a 0.9% rate of increase).

Tables 2 and 3 illustrate unemployment rate by gender and age groups from November 2006 to 2011. Table 4 presents the evolution of unemployment rate during last 12 months by Decentralized Administrations. Finally, Table 5 presents 95% confidence intervals1 for monthly estimations of unemployment rate for November 2011."

Download the Information PDF (containing the above mentioned tables) from Elstat here.

Unemployment Rate comparison:

November 2006: 9.1%
November 2007: 7.6%
November 2008: 7.8%
November 2009: 10.6%
November 2010: 13.9%
November 2011: 20.9%

Gender divided statistics indicate Greek female unemployment in Nov '11 at 24.5%, and Greek male unemployment at 18.3%

July 7, 2011

Elstat: Inflation stays at 3.3%: unemployment at 15.9%

Consumer price index	June 2010-2011	3.3%
Harmonized Index Consumer Prices	June 2010-2011	3.1%
Gross Domestic Product (GDP)	1st Quarter 2011	-5.5%
Unemployment rate	1st Quarter 2011	15.9%
Industrial Production (non-construction)	April 2010-2011	-11.0%
Turnover Retail Trade	April 2010-2011	-5.9%
Producer Price Index Industry	May 2010-2011	7.3%
Building (volume)	Feb 2010-2011	-38.3%
Population count 2001	10,964,020
(2008 Eurostat Estimate Population)	11,262,000