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Unemployment rate falls for second straight month, reaching 23.2 pct in July
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped for the second successive month in July... reading since March 2012, when the jobless rate stood at 22.6 percent. Compared to the previous month...) unemployment rate, which strips out the smoothing effect of statistical variation, remained stable at 22.6
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Unemployment rate falls to 19 pct in Q2
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate stood at 19 percent in the second quarter (Q2) of the year, dropping from the rate of 21.2 percent registered in Q1, Hellenic Statistical Authority... that the rate of unemployment has fallen under 20 percent. Compared to the same period last year
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Unemployment rate declines to 18.3 pct in Q3
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate stood at 18.3 percent in the third quarter (Q3) of the year, dropping from the rate of 19 percent seen in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The latest quarter is the second time since Q3 2011 that the rate
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Unemployment rate at 18.5 pct in Nov as jobless drop below 900,000
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate stayed under 19 percent for a fourth..., the unemployment rate came to 21.1 percent. Unemployment has continued to slowly fall over the last few months, with the last time that the rate fell under 19 percent being in August 2011. During
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Unemployment rate inches up to 18.7 pct in Q4
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate stood at 18.7 percent in the fourth quarter (Q4) of the year, edging up from the rate of 18.3 percent noted in Q3, Hellenic Statistical Authority... 2011 that the rate of unemployment has been below 20 percent. Compared to the same period last year
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Greek pensions laid bare
Agorapensions amounts to 884 euros. Note, though, that for around 45 percent of pensioners their monthly... and they receive on average monthly pensions of 771 euros. This is below the overall average of 884 euros since
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Unemployment rate remained unchanged at 27.3 pct in August
EconomyMacroeconomyThe seasonally adjusted unemployment rate in August stayed flat at 27.3 percent, following a downward revision by 0.3 percentage points of the previously announced July rate of 27.6 percent, according to data released by the Hellenic Statistical Authority (ELSTAT). The August rate is now marginally
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Unemployment rate inched up again in Sept to 27.4 pct
EconomyMacroeconomyThe seasonally adjusted unemployment rate in September rose marginally to 27.4 percent, from 27.3...). The September rate is now just under the historic high of 27.5 percent in May this year. Reversing a positive trend evident in the preceding two months, the rate of increase in the number of unemployed
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Unemployment rate edges down for sixth straight month to 26.8 pct in March
EconomyMacroeconomyThe seasonally adjusted jobless rate slipped for the sixth straight month in March, edging down.... The YoY drop in the number of employed further decelerated to 0.3 percent in March, the slowest rate since... million. Similarly, the participation rate (number of employed and unemployed over their sum including
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Greek unemployment rate ends 2014 at 26 pct, the first uptick since Sep 2013
EconomyMacroeconomyThe seasonally adjusted (SA) unemployment rate rose to 26 percent in December from an upward...). This was the first uptick in the headline figure since September 2013. The non-seasonally-adjusted (NSA) jobless rate...’s SA unemployment rate mainly stems from a 0.7 percent MoM decline in the number of employed, while
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