Unemployment showed a new drop in September according to the data of the Hellenic Statistical Authority.
Thus, the seasonally adjusted unemployment rate stood at 11.8% in September against an upwardly revised 13.3% in September 2021 and a downwardly revised 12.1% in August 2022.
The unemployed
The unemployed amounted to 556,324 people, marking a decrease of 65,121 people compared to September 2021 (10.5%) and by 8,449 people compared to August 2022 (1.5%).
The employed amounted to 4,149,663 people, marking an increase of 83,545 people compared to September 2021 (+2.1%) and by 43,487 people compared to August 2022 (+1.1%).
Women
The unemployment rate for women came to 15% (from 17.8%) and for men to 9.2% (from 9.6%).
By major age groups, in the 15-24 age group the unemployment rate increased to 28.5% (from 26.3%) and in the 25-74 age group it decreased to 10.8% (from 12.6%).
People under the age of 75 not in the labor force, i.e. people neither working nor looking for work, stood at 3,117,564, down 51,891 from September 2021 (-1.6%) and by 37,647 people compared to August 2022 (-1.2%).
Latest News
Vardis I. Vardinogiannis, Greek Tycoon and Shipping Magnate, Dies at 91
In 1990, Vardinogiannis was targeted in an attack which involved three rockets fired at his vehicle by the terrorist organization 17 November.
Kudos for Greek Sheep’s Milk Cheeses
Graviera is the Greek version of the Swiss gruyère, and is generally considered the second most popular cheese made in the country after feta
EIB Survey: Greeks Rank Climate Change as Top Concern After Cost of Living
Specifically, 98% of the Greeks surveyed stated that the country must to adapt to climate change, with 60% saying that priority should be given to these adjustment measures
Trump Tells Putin not to Escalate Ukraine War during Phone Convo
Meanwhile, President Joe Biden, is preparing to lobby Trump against abandoning U.S. support for Kyiv
Former Thessaloniki Mayor Yiannis Boutaris Dies at 82
Boutaris entered politics in 2010, serving as the 60th mayor of Thessaloniki for two consecutive terms until 2019, becoming a transformative figure with his progressive policies.
Greece Plans to Link Golden Visa to Startup Investments
The Greek government wants to decouple the Golden Visa Program from Real Estate investments
Greece Honored Country at World Travel Market (WTM) 2024
Greece held a prominent position within the exhibition space, with its main entrance adorned digitally in Greek colors.
Inflation in Greece Down to 2.4% in October, ELSTAT says
On a year-to-year basis, the average inflation in Greece from November 2023 to October 2024 increased by 2.9%, compared to a 4.2% rise during the same period the previous year
First-Ever Pop-Up American Space at a Sports Venue Opens at Georgios Karaiskakis Stadium
The new Pop-Up American Space was inaugurated at the Georgios Karaiskakis Stadium by US Amb. George J. Tsunis, Olympiacos FC President Evangelos Marinakis and the Mayor of Piraeus, Yannis Moralis
Greek Long Term Unemployment 2nd Worse in EU: Eurostat
Greek long term unemployment was only surpassed by Bosnia Herzegovina (9.6%). Spain was the 3rd worse with 4.3%