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  1. March unemployment falls by almost 2 points YoY to 10.9 pct, jobless numbers down to 2009 levels
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate was marginally lower in March, edging down... showed on Wednesday. In March last year, the unemployment rate was 12.7 percent... peaked at 28 percent in July 2013. The series low is a 7.1 percent unemployment rate in May 2008. Year

    8%
  2. Unemployment stays at 11.2 pct in Apr, youth jobless down by 5 points at 27.4 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate was essentially unchanged in April, landing...) data showed on Thursday. In April last year, the unemployment rate was 12.7 percent... percent in July 2013. The series low is a 7.1 percent unemployment rate in May 2008. Year-on-year

    8%
  3. Strong tourism season has little impact on unemployment, hovering at 10.8 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate was essentially unchanged in July, landing... (ELSTAT) data showed on Thursday. In July last year, the unemployment rate was 12.5 percent... percent in July 2013. The series low is a 7.1 percent unemployment rate in May 2008. Year-on-year

    8%
  4. Newsletter 405 - 08/12/2023

    Newsletters

    is the unemployment rate. In just four years, the monthly rate reached a staggering 28 pct in the summer of 2013... of 7.1 pct in May 2008. The unemployment rate fell below 10 pct in the latest ELSLAT release for October... when the quarterly unemployment rate was at the same level back in 2009. Given the profile

    8%
  5. Manufacturing grows strongly in Jan, sentiment reaches pre-Covid levels
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    EconomyMacroeconomy

    of more than 50 points. S&P notes that the rate of growth in January was the fastest since April 2022 and well above the series long-term average. The rate of increase in new orders was the second... and at the steepest rate since last August. Growth was driven by improved demand conditions in key

    8%
  6. Unemployment falls to 9.2 pct in Dec amid big YoY drop in number of out-of-job workers
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate remained below 10 percent in December, landing... on Thursday. In December last year, the unemployment rate was 12.2 percent. These are the lowest... in July 2013. The series low is a 7.1 percent unemployment rate in May 2008. Year-on-year, the number

    8%
  7. Newsletter 443 - 29/11/2024

    Newsletters

    and Greeks in the EU who did not manage any savings, They had a negative savings rate, when in the EU the saving rate is close to 14 pct and close to 15 pct in the euro area. The same data shows that the improvement in the saving rate in Greece was negligible in the 2019-2023 period, reaching less than

    8%
  8. Latest data highlights tough day-to-day economic conditions, giving opposition ammunition
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    a negative savings rate, when in the EU the saving rate is close to 14 pct and close to 15 pct in the euro area. The same data shows that the improvement in the saving rate in Greece was negligible in the 2019-2023 period, reaching less than one percentage point, with a 2023 negative saving rate of close

    8%
  9. Newsletter 454 - 07/03/2025

    Newsletters

    easing moves since the summer, this week's 25 basis point cut, which took the base rate to 2.5 pct... of the weekUnemployment January saw a sharp drop in the unemployment rate to 8.7 pct, a drop of 3 percentage points from the January 2024 rate, thanks to a reduction in the unemployed by close to 150,000 year

    8%
  10. Newsletter 497 - 06/03/2026

    Newsletters

    The monthly unemployment rate dropped in January to 7.7 pct, from 7.9 pct in the previous month. In January last year, the rate was at 9.5 pct. This is the lowest unemployment rate since November 2008. The unemployment rate among women fell by almost 1.5 percentage points (pps) YoY and came to 10.5 pct

    8%