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Labour market comes to rest, unemployment at 10.5 pct in Q4
EconomyMacroeconomyGreece’s non-seasonally adjusted quarterly unemployment rate moved only marginally in Q4 last year... (ELSTAT) figures showed on Thursday. The jobless rate in the last quarter of 2022 was 11.9 percent... rate of 51.7 percent. Those who are inactive below the age of 75 came to 3.13 million. Broken down
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Newsletter 416 - 15/03/2024
authorities. Even the lower growth rate of 2 pct last year puts Greece well ahead of the eurozone and EU... certainly live with a growth rate in the region of 2 pct for 2023. The area that the Greek authorities... banks, which could affect the rare path and pace of rate cuts. Although rate cuts are expected
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Unemployment increases MoM in Feb, rising to 11 pct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate moved further away from the 10 percent... Authority (ELSTAT) data showed on Monday. In February last year, the unemployment rate was 11.2 percent. Although the jobless rate did not remain below the 10-percent mark, these are the lowest
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Q1 unemployment rises to 12.1 pct due to seasonal causes
EconomyMacroeconomyGreece’s non-seasonally adjusted quarterly unemployment rate moved up significantly in Q1 this year... (ELSTAT) figures showed on Thursday. The jobless rate in the first quarter of 2023 was 11.8 percent... are neither working, nor looking for a job amounted to 4.28 million, leading to a labour force rate
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Unemployment edges down to 9.5 pct in Aug
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate remained below the 10 percent mark in August... (ELSTAT) data showed on Tuesday. In August last year, the unemployment rate was 11.4 percent. Despite stabilising and minor fluctuations in recent months, the current rate, which is in single digits
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Unemployment drops further in Sep, dipping to 9.3 pct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate remained below the 10 percent mark in September... Authority (ELSTAT) data showed on Thursday. In September last year, the unemployment rate was 10.7 percent. Despite minor fluctuations in recent months, the current rate, which is in single digits
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Newsletter 444 - 06/12/2024
that increasing the taxation rate from 29 percent to 34 percent could raise up to 500 million euros... ambition and is only reluctantly trying to introduce the new EU directive of increasing the rate... against profits with a rate of 29 pct up to 2040. Practically, banks would not pay taxes for close
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Unemployment stable at 9.4 pct in Dec, improves by 1 point in 2024
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate remained below the 10 percent mark in December... Authority (ELSTAT) data showed on Thursday. In December last year, the unemployment rate was 10.4 percent. Despite minor fluctuations in recent months, the current single-digits rate is Greece’s
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Newsletter 458 - 04/04/2025
on Wednesday. The plan includes 26 bln euros of procurement at a rate of 2.16 bln euros annually up until... in the winter forecast growing by the same rate. In the new landscape, Greece’s major trading partners... of 8.2 pct. Unemployment Greek unemployment continued to drop with a rate of 8.6 pct in February, from
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Unemployment hits 8.3 pct in Apr for newest low since 2008
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged down to 8.3 percent in April, from 8.6... last year, the unemployment rate was 10.8 percent. Despite minor fluctuations in recent months, the current single-digit rate is Greece’s lowest since September 2008. Monthly unemployment peaked
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