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> Economy

Unemployment rate in Greece down to 11.2% in Q2 2023

The unemployment rate for women is 14.6%, compared to 8.4% for men

Newsroom September 14 02:55

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The unemployment rate in Greece stood at 11.2% in the second quarter of this year, down 9.9% compared to the corresponding quarter of the previous year, while compared to the previous quarter it showed a decrease of 3.1%. The jobless rate in the previous quarter (Q1 2023) was 11.8% and in the corresponding quarter of the previous year (Q2 2022) it was 12.4%.

The number of unemployed persons amounted to 533,341, a decrease of 3.1% compared to the previous quarter and a decrease of 9.9% compared to the corresponding quarter of the previous year. However, about 320,000 people, or 59.9% of the total unemployed are long-term unemployed, as they have been looking for work for a year or more without success.

The Hellenic Statistical Authority (ELSTAT) Labour Force Survey also shows the following:

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The unemployment rate for women is 14.6%, compared to 8.4% for men.

In terms of age, the highest unemployment rates are recorded in the 15- 19 (30.5%) and 20- 24 (26.2%) age groups, followed by 25- 29 (18.9%), 30- 44 (11.5%), 45- 64 (7.6%) and 65 and over (6.8%).

At the level of the country’s regions, the Ionian Islands (17%), Western Macedonia (14.5%) and Epirus (13.4%) are in the top three regions in unemployed. They are followed by Eastern Macedonia-Thrace (13.2%), Central Macedonia (13.1%), Thessaly (11.4%), Peloponnese (11.3%), Western Greece (10.7%), Attica (10.4%), Central Greece (10.1%), North Aegean (9.8%), Crete (9.8%) and South Aegean (4.2%).

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