For the first time after 15 years unemployment is in single digits

Hellenic Statixtical Agency - ELSTAT announced that unemployment fell to 9.6% in June and the number of unemployed reached 456,663, a decrease of 85,865.
According to ELSTAT's first measurement, unemployment in June fell for the first time since August 2009 to a single-digit percentage.

Unemployment dropped to 9.6% in June
The index stood at 9.6%, a 15-year low, being 0.7 points lower than in May this year and 1.8 points better than in June last year.

The unemployment rate has fallen by about 8 percentage points over the past 5 years

The decline in unemployment was partly the result of a boost in employment. Workers in June, the first month of the summer tourist season, increased by more than 41,100 people over May, topping 4.29 million, the second-best performance since fall 2010, the same sources said.

Although ELSTAT revises its data every month, and in this way "cancelled" previous reductions in unemployment marginally below the "barrier" of 10%, the June result seals the almost continuous de-escalation of unemployment in recent years.

The unemployment rate has fallen overall by around 8 points over the past five years, despite four increases in the basic salary and a rise in the average salary, which is estimated to have exceeded 1,250 euros last year and at the end of 2024 is estimated to be 24.4 % greater than in 2019.