The unemployment rate in Greece last month (December 2022), on a seasonally adjustment basis, remained at 11.6 percent, the same figure recorded in the previous month after an upwards revision.
According to figures announced by Greece’s statistics authority (EL.STAT), the number of employed in the country exceeded 4.15 million, an increase of nearly 79,000, compared with the same month in 2021 – and up by nearly 32,000 compared to the previous month.
The number of people – below the age of 75 – not considered as part of the active population were recorded at 3.119 million, out of a total population exceeding 10 million.
The latter figure was down by 1.6 percent, compared with December 2021 and down 1.3 percent compared to November 2022.
Latest News
BoG: Greek Tourism Soars – 33mln+ Foreign Tourists Jan.-Oct. 2024
Despite this surge, the average expenditure per visitor decreased by 2.5% compared to last year, standing at €589.5
Piraeus Bank: Greek GDP to Grow at Nearly 2% in 2025
Greece’s real GDP in the first nine months of 2024 increased by 2.3% on a year-on-year basis
PDMA: Greece’s Funding Needs at 15.3 bln€ For 2025
According to PDMA, the country’s total financing needs, year-on-year, are below the 10% of GDP threshold
PDMA: 6-Month Treasury Bill Yield Set at 2.61%
The auction was conducted through the Primary Dealers, with the settlement date scheduled for Friday, Dec. 27, 2024
BoG Gov Stournaras Calls for Immigration and Economic Reforms to Tackle Workforce Shortages
Stournaras categorically stated that reducing VAT on food will not solve the problem of high prices
Construction of Crete–Attica Electrical Interconnection Completed
The Crete-Attica electrical interconnection is expected to be operational from spring of 2025. It's budget exceeds €1.1 billion and has a capacity of 1,000 megawatts
Fraport Greece Unveils €600M Investment Plan to Upgrade Regional Airports
Fraport Greece ’s positive strategy is evident in its 2024 results, with the company having achieved a new record of 36.5 million passengers, an increase of 6% compared to the last year
Hate and Fear: The Magdeburg Tragedy and its Political Fallout
Security agencies appear overwhelmed, lacking clear criteria for identifying threats. The Magdeburg attack is a catastrophe for an already unsettled country.
PM Mitsotakis Discusses EU Defense, Security at North-South Summit
Hosted in Lapland, Finland, which shares a 1,300 km border with Russia, the summit brought together South and North European leaders to discuss security, defense, and migration
Surge in Investment and Soaring Housing Prices Across Greece
Greek housing prices have climbed sharply, recovering to 2011 levels and edging closer to their 2007 peak.