
Unemployment in Greece stood at 11.4% – the second highest in the EU after Spain – in July, compared with 12.3% in June and 14.3% in July 2021, according to data released by Eurostat.
Euro area and EU
In the euro area, the seasonally adjusted unemployment rate in July was 6.6% compared with 6.7% in June and 7.7% in July 2021.
The EU unemployment rate was 6.0% in July, down from 6.1% in June 2022 and 6.9% in July 2021.
In absolute numbers, the number of unemployed in the European Union in July 2022 was 12.96 million, of which 10.98 million in the euro area.
Compared with June 2022, the number of unemployed fell by 113,000 in the EU and by 77,000 in the euro area.
Compared with July 2021, there were 1.85 million fewer unemployed in the EU and 1.58 million fewer in the euro area.

Youth unemployment in Greece
In July 2022, officially registered unemployed young people, aged under 25, in the EU, were 2.63 million. Of these, 2.17 million were in the euro area countries.
The youth unemployment rate was 14.0% in the EU and 14.2% in the euro area.
Unemployment by gender
The female unemployment rate in July was 6.4% in the EU, stable compared with June 2022. The unemployment rate for men was 5.7% in July 2022, also stable compared with the previous month.
In the euro area, the unemployment rate for women fell from 7.1% in June 2022 to 7.0% in July 2022, while the unemployment rate for men remained stable at 6.3%


Latest News

Chevron Confirms Eyeing Natural Gas Exploration South of Crete
Chevron recently declared its intent to explore a third area, south of the Peloponnese.

Evangelos Marinakis: A time of change from which shipping can benefit
Speaking at the 19th Annual Capital Link International Shipping Forum Evangelos Marinakis stressed the challenges that shipping faces today

Retail Trade in Greece Up 2.5% in December 2024: ELSTAT
In January 2025, the General Turnover Index recorded a 2.5% increase compared to January 2024. Compared to December 2024, it recorded a significant decline of 18.4%

Greek Fruit and Vegetable Exports Surge
Greek exporters have expressed concerns over a new draft law in Bulgaria that mandates at least 50% of products in stores to be of Bulgarian origin.

Trump Tower in Greece? Speculation Grows Over Potential Investment
In 2007, the Trump Organization explored the possibility of constructing a skyscraper complex and casino at the former Ellinikon Airport site in Athens

Was Aristidis Alafouzos, CEO of Okeanis Eco Tankers, cheering over extra earnings from carrying ‘sanctioned’ Russian oil?
Okeanis CEO Aristidis Alafouzos tried to give assurances that the company was not carrying sanctioned Russian oil - Recently published data point to the opposite

Tax Filing in Greece Surpasses Expectations
Taxpayers who submit their returns by April 30 will benefit from an increased tax discount of 4% if they opt for a lump-sum payment by July 31, 2025

Evangelos Marinakis: Proud of Diaspora Greeks, ‘Who’re All Together, United’
Marinakis, an Honorary Grand Marshal of the 86th Greek Independence Parade on Sunday, was touched by his contacts in New York City with members of the Greek-American community, where he spoke fondly of the Diaspora: ‘Twice as Greek, Twice over as Olympiacos fans'

Stirring 86th Greek Independence Day Parade Down 5th Ave. Evangelos Marinakis an Honorary Grand Marshal
According to NYPD sources, the 2025 parade is expected to be one of the biggest in recent memory, with some 120 groups with 52 floats and 15 marching bands paraded from 64th to 79th streets along renowned Fifth Avenue

PM Mitsotakis Highlights Chevron’s Interest in Greek EEZ in Weekly Review
“The interest from Chevron is important because a leading American multinational chooses to invest in Greek maritime plots, thus practically recognizing Greece's EEZ in the area,” the prime minister said.