16 Feb 2022

Greek unemployment rate was modestly reduced in December 2021

  • RE+D Magazine

According to ELSTAT, the seasonally adjusted unemployment rate in December 2021 amounted to 12.8% compared to the downwards revised 15.5% in December 2020 and to the upwards revised 13.4% in November 2021. 

The number of employed persons amounted to 4,075,808 persons increasing by 188,872 persons as compared with December 2020 (+4.9%) and decreased by 11,908 persons compared with November 2021 (-0.3%). 

The number of unemployed persons amounted to 596,067 decreasing by 118,891 persons as compared with December 2020 (-16.6%) and by 35,781 persons compared with November 2021 (-5.7%). 

The number of persons outside the labour force, i.e., persons that neither work nor look for a job, amounted to 3,176,044, decreasing by 101,335 persons as compared with December 2020 (-3.1%) and increased by 45,124 persons compared with November 2021 (+1.4%).

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