Seasonally adjusted unemployment rate in May 2024 amounted to 10.6%
Seasonally adjusted unemployment rate in May 2024 amounted to 10.6%
  Economy  |  Greece

Seasonally adjusted unemployment rate in May 2024 amounted to 10.6%

RE+D magazine
01.07.2024

The Hellenic Statistical Authority (ELSTAT) announced the seasonally adjusted estimates of employment and unemployment for May 2024.

The seasonally adjusted unemployment rate in May 2024 amounted to 10.6% compared to the upwards revised 11.2% in May 2023 and to the downwards revised 10.7% in April 2024. 

The number of employed persons amounted to 4,249,074 persons, increased by 53,313 persons as compared with May 2023 (1.3%) and decreased by 63,083 persons compared with April 2024 (-1.5%). 

The number of unemployed persons amounted to 504,924, decreased by 21,707 persons as compared with May 2023 (-4.1%) and by 11,472 persons compared with April 2024 (-2.2%). 

The number of persons outside the labour force, i.e., persons under the age of 75, that neither work nor look for a job, amounted to 3,026,511, decreased by 54,608 persons as compared with May 2023 (-1.8%) and increased by 72,256 persons compared with April 2024 (2.4%).