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Greek unemployment

Greek Traders: "Unemployment in Greece is Sky High"

According to the annual survey of the National Confederation of Hellenic Commerce (NCHC), Greek unemployment is one of the most pressing issues that the coalition government must deal with. Young people between the ages of 15-24 are most at...

Greek Unemployment Rate Reduced for Second Quarter in a Row

For the third quarter of 2013, there was a reported slight decrease in the unemployment rate in Greece. However, the Greek unemployment rate is still sky-high and the highest among the eurozone countries. One of the main concerns of Greece’s...

Unemployment Rate in Greece Continues to Climb

With a rising unemployment rate, Greece’s numbers continue to climb reaching 27.6 percent in July, in comparison with a revised 27.5 percent a month earlier. The national statistical authority reports that 1.36 million people were jobless in July, a ten...

Jobless: 60% of Young Greeks

According to the latest Eurostat figures, Greece’s rates of unemployment remain the highest in Europe. More precisely, Greece comes first with unemployment at 27.9 percent followed by Spain with 26.2 percent. Unfortunately, for one more time the figures show that...

Quarterly Unemployment in Greece Drops to 27.1%

Quarterly unemployment figures in Greece fell for the first time in almost four years in the second quarter of 2013, declining from 27.4% in Q1 to 27.1%. The Hellenic Statistical Authority said the number of Greeks employed in Q2 stood...

Greece Hits New Unemployment Record

Figures released by the Hellenic Statistical Authority, have revealed that the Greek unemployment rate hit higher levels in April 2013, reaching 26.9%, which represents an increase of 0.1% since March, 26.8%. Moreover, according to economist Angelos Tsakanikas' statement at the...

Greek Jobless Rate Soars to 26.8%

As Greek Prime Minister Antonis Samaras is touting what he called the country's "success story" in edging toward recovery from a crushing economic crisis, it hasn't helped reduce unemployment, which hit a record 26.8 percent in March. The figure was...

Eurostat: Record Unemployment, Dramatic 62,5% for Greek Youths

Unemployment in the Eurozone touched record high levels in April, the highest since 1995 - 12,2% against 11,2% in April 2012, Eurostat said on Friday. Youth unemployment reached 24,4%. The most dramatic situation in the EU was recorded in Greece...

Greek Jobless Rate Stuck At 27%

Greece's unemployment rate was 27 percent in February, up from 26.7 percent a month earlier and still hovering around the record 27.2 percent mark that was set earlier before being revised. The statistics were particularly hard on Greece's young, rising...

Greek Jobless Rate A Record 27.2%

Only days after Greek Prime Minister Antonis Samaras said that for the first time since austerity measures were imposed three years ago that more people were being hired than fired, the country’s statistics agency ELSTAT said unemployment hit another...