Unemployment in Greece stands at 16.9%

According to the ELSTAT workforce survey, the number of unemployed reached 805,047 and their number decreased by 11.2% compared to the previous quarter and by 11.1% compared to the same quarter last year. However, about 570,000 people (70.8% of the unemployed) are long-term unemployed as they have been seeking work for more than a year. At the same time, the percentage of unemployed who declare that they are not registered with OAED stands at 20.8%, while the percentage of those who declare that they receive an allowance or assistance from OAED stands at 11%.

The number of employees was 3,956,424 and employment increased by 3.7% compared to the previous quarter and by 2.5% compared to the same quarter last year. Part-time accounts for 9.1% of all employees.

In women, the unemployment rate remains significantly higher than in men (20.9% vs. 13.7%).

Over 40% in young people

The highest unemployment rates were reported for the age group of 15-19 years (41.5%) and 20-24 years (32.7%). Following are the ages of 25-29 years (24.6%), 30-44 years (16.6%), 45-64 years (13.8%) and 65 years and over (10%).

At regional level, the top three are Western Macedonia (24.6%), Western Greece (23.9%) and Central Macedonia (19.6%). Following are Thessaly (17.9%), Attica (17.2%), Northern Aegean (17.1%), Epirus (16%), Eastern Macedonia-Thrace (15.9%), Solid Greece (15.6%), Peloponnese (12.2%), Ionian Islands (11.9%), Crete (9.4%) and South Aegean (8.1%).