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Tag: unemployment greece

  • Unemployment rate in Greece at 18.3% for June 2020

    Unemployment rate in Greece at 18.3% for June 2020

    The unemployment rate in Greece in June 2020 was 18.3% compared to the downward revised 17.1% in June 2019 and to the upward revised 17.3% in May 2020.

    The number of employed in June 2020 amounted to 3.744.630 persons. The number of unemployed amounted to 836,637 while the number of inactive amounted to 3.312.753.

    The number of employed persons decreased by 174.217 persons compared with June 2019 (a 4.4% rate of decrease) and increased by 11.640 persons compared with May 2020 (a 0.3% rate of increase).

    The number of unemployed persons increased by 27.091 persons compared with June 2019 (a 3.3% rate of increase) and by 58.146 persons compared with May 2020 (a 7.5% rate of increase).

    The number of inactive persons, i.e., persons that neither work nor look for a job, increased by 108.669 persons compared with June 2019 (a 3.4% rate of increase) and decreased by 2.265 persons compared with May 2020 (a 2.1% rate of decrease).

  • Greece: Unemployment rate at 17.0% in May 2020

    Greece: Unemployment rate at 17.0% in May 2020

    Unemployment rate in May 2020 was 17.0% compared to the downward revised 17.2% in May 2019 and to the upward revised 15.7% in April 2020, Elstat shows.

    The number of employed in May 2020 amounted to 3,729,591 persons. The number of unemployed amounted to 764,912 while the number of inactive amounted to 3,401,996.

    The number of employed persons decreased by 193,312 persons compared with May 2019 (a 4.9% rate of decrease) and by 128,924 persons compared with April 2020 (a 3.3% rate of decrease).

    The number of unemployed persons decreased by 52,396 persons compared with May 2019 (a 6.4% rate of decrease) and increased by 48,444 persons compared with April 2020 (a 6.8% rate of increase).

    The number of inactive persons, i.e., persons that neither work nor look for a job, increased by 205.247 persons compared with May 2019 (a 6.4% rate of increase) and by 77,988 persons compared with April 2020 (a 2.3% rate of increase).

  • The unemployment rate was 16.2% in the first quarter in Greece

    The unemployment rate was 16.2% in the first quarter in Greece

    Latest ELSTAT data shows that the number of unemployed persons amounted to 745.093. The unemployment rate was 16.2%, compared with 16.8% in the previous quarter and 19.2% in the corresponding quarter of the previous year.

    The number of the unemployed decreased by 5.3% compared to the previous quarter and by 17.9% compared to the same quarter of the previous year.

    The number of persons employed amounted to 3.852.615

    The employment rate decreased by 1.3% compared to the previous quarter and increased by 1.0% compared to the same quarter of the previous year.

    Persons who are subject to a suspension of their contract are still considered to be employed, if the suspension period is less than 3 months or if they receive more than 50 % of their remuneration.

    The number of economically inactive under the age of 75, i.e. the persons who are neither working nor looking for a job, amounted to 3,311,960.

    The share of the inactive persons increased by 2.5 % compared with the previous quarter and by 2.4 % compared to the same quarter of the previous year.

  • Unemployment in Greece at the lowest point since 2010

    Unemployment in Greece at the lowest point since 2010

    The Hellenic Statistical Authority show that the unemployment rate in March 2020 was 14.4% compared to 18.1% in March 2019 and to the downward revised 15.9% in February 2020.

    The number of employed in March 2020 amounted to 3,874,437 persons. The number of unemployed amounted to 653,686 while the number of inactive increased to 3,373,369.

    The number of employed persons decreased by 12,923 persons compared with March 2019 (a 0.3% rate of decrease) and by 10,263 persons compared with February 2020 (a 0.3 rate of decrease).

    The number of unemployed persons decreased by 203,288 persons compared with March 2019 (a 23.7% rate of decrease) and by 79,397 persons compared with February 2020 (a 10.8% rate of decrease).

  • Greek unemployment rate, to record the biggest increase in a decade

    Greek unemployment rate, to record the biggest increase in a decade

    Greek unemployment rate is expected to record the biggest increase in a decade, suprassing the period 2011-2013, the Federation of Hellenic Enterprises (SEV) said in a report, cited by AMNA.gr.

    The report said that the balance of job flows in March fell to its maximum negative level since 2001 (-41,903 job positions), a figure worse from the 2011-2013 period when the collapse of the Greek economy was at its peak. 

    New hirings fell 49% in March compared with the same month last year (103,002 from 202,157), while dismissals fell 8.7 pct to 144,905 from 158,784. 

    SEV noted that two sectors recorded a positive balance of labor flows: public administration and defense (+1,115 job positions) and human health (+393).