Greece sees sharp decline in unemployment

Unemployment in Greece stood at 8.6 percent in the second quarter of 2025, according to the labour force survey released by ELSTAT (Hellenic Statistical Authority), CE Report quotes ANA-MPA.

Specifically according to the survey,

- The number of employed persons amounted to 4,386,832, recording an increase of 4.0% compared to the previous quarter and an increase of 1.4% compared to the same quarter of the previous year.

- The number of unemployed persons amounted to 411,722, recording a decrease of 15.7% compared to the previous quarter and a decrease of 12.0% compared to the same quarter of the previous year.

The unemployment rate for the 2nd quarter of 2025 was 8.6% . The unemployment rate was 10.4% in the previous quarter (2025 Q1) and 9.8% in the corresponding quarter of the previous year (2024 Q2).

- The number of persons outside the labour force, i.e., the persons who are neither working nor looking for a job, amounted to 4,205,058. In particular, persons outside the labour force under the age of 75 amounted to 2,965,238. They decreased by 3.3% compared with the previous quarter and by 1.0% compared to the corresponding quarter of the previous year.