Terminal Financial Data API

Access the world's leading financial data and tools

Subscribe for $2

Analyse

Profile

🇬🇷

Greece Employment Rate

Price

89.609 %

Change +/-

+0.504 %

Percentage Change

+0.56 %

The current value of the Employment Rate in Greece is 89.609 %. The Employment Rate in Greece increased to 89.609 % on 5/1/2024, after it was 89.105 % on 4/1/2024. From 1/1/2004 to 6/1/2024, the average GDP in Greece was 83.7 %. The all-time high was reached on 5/1/2008 with 93.3 %, while the lowest value was recorded on 2/1/2014 with 70.71 %.

Source: National Statistical Service of Greece

Employment Rate ·

3 years
5 years
10 years
25 Years
Max

Employment rate

	Employment rate
1/1/2004	88.2 %
2/1/2004	88.9 %
3/1/2004	88.6 %
4/1/2004	89.3 %
5/1/2004	89.8 %
6/1/2004	89.9 %
7/1/2004	89.8 %
8/1/2004	89.8 %
9/1/2004	89.9 %
10/1/2004	90 %
11/1/2004	89.4 %
12/1/2004	89.2 %
1/1/2005	89.5 %
2/1/2005	89.6 %
3/1/2005	89.3 %
4/1/2005	90 %
5/1/2005	90.3 %
6/1/2005	90.4 %
7/1/2005	90.3 %
8/1/2005	90 %
9/1/2005	90.2 %
10/1/2005	90.3 %
11/1/2005	89.9 %
12/1/2005	90.1 %
1/1/2006	90.4 %
2/1/2006	89.4 %
3/1/2006	90.7 %
4/1/2006	91 %
5/1/2006	90.7 %
6/1/2006	91.6 %
7/1/2006	91.8 %
8/1/2006	91.2 %
9/1/2006	91.6 %
10/1/2006	92.1 %
11/1/2006	90.7 %
12/1/2006	90.4 %
1/1/2007	91.2 %
2/1/2007	90.7 %
3/1/2007	90.3 %
4/1/2007	91.5 %
5/1/2007	92.2 %
6/1/2007	91.7 %
7/1/2007	92.1 %
8/1/2007	92.3 %
9/1/2007	91.5 %
10/1/2007	92.1 %
11/1/2007	92.4 %
12/1/2007	91 %
1/1/2008	92 %
2/1/2008	91.9 %
3/1/2008	90.9 %
4/1/2008	92.2 %
5/1/2008	93.3 %
6/1/2008	92.5 %
7/1/2008	92.9 %
8/1/2008	92.8 %
9/1/2008	92.5 %
10/1/2008	92.6 %
11/1/2008	92.1 %
12/1/2008	91 %
1/1/2009	90.08 %
2/1/2009	90.25 %
3/1/2009	90.29 %
4/1/2009	90.12 %
5/1/2009	91.27 %
6/1/2009	91.16 %
7/1/2009	90.16 %
8/1/2009	90.77 %
9/1/2009	90.68 %
10/1/2009	89.82 %
11/1/2009	88.9 %
12/1/2009	89.35 %
1/1/2010	88.08 %
2/1/2010	87.38 %
3/1/2010	87.97 %
4/1/2010	87.6 %
5/1/2010	87.71 %
6/1/2010	88.04 %
7/1/2010	87.34 %
8/1/2010	87.42 %
9/1/2010	87.04 %
10/1/2010	86.01 %
11/1/2010	85.5 %
12/1/2010	84.54 %
1/1/2011	84.3 %
2/1/2011	83.38 %
3/1/2011	82.85 %
4/1/2011	83.89 %
5/1/2011	82.53 %
6/1/2011	83.68 %
7/1/2011	83.01 %
8/1/2011	80.64 %
9/1/2011	82.09 %
10/1/2011	80.14 %
11/1/2011	78.36 %
12/1/2011	77.97 %
1/1/2012	78.29 %
2/1/2012	76.48 %
3/1/2012	75.85 %
4/1/2012	76.83 %
5/1/2012	76.26 %
6/1/2012	74.94 %
7/1/2012	75.84 %
8/1/2012	74.42 %
9/1/2012	73.83 %
10/1/2012	74.74 %
11/1/2012	72.18 %
12/1/2012	72.65 %
1/1/2013	72.09 %
2/1/2013	71.59 %
3/1/2013	71.75 %
4/1/2013	71.81 %
5/1/2013	72.33 %
6/1/2013	73.05 %
7/1/2013	72.54 %
8/1/2013	72.58 %
9/1/2013	72.62 %
10/1/2013	73.08 %
11/1/2013	71.09 %
12/1/2013	71.7 %
1/1/2014	72.6 %
2/1/2014	70.71 %
3/1/2014	72.2 %
4/1/2014	73.2 %
5/1/2014	72.68 %
6/1/2014	74.14 %
7/1/2014	74.83 %
8/1/2014	74.14 %
9/1/2014	74.29 %
10/1/2014	74.59 %
11/1/2014	74.07 %
12/1/2014	72.85 %
1/1/2015	73.62 %
2/1/2015	73.78 %
3/1/2015	72.21 %
4/1/2015	74.73 %
5/1/2015	76.29 %
6/1/2015	75.22 %
7/1/2015	75.71 %
8/1/2015	76.96 %
9/1/2015	75.64 %
10/1/2015	75.45 %
11/1/2015	75.49 %
12/1/2015	75.24 %
1/1/2016	74.16 %
2/1/2016	74.99 %
3/1/2016	74.96 %
4/1/2016	76.18 %
5/1/2016	76.47 %
6/1/2016	77.23 %
7/1/2016	77.18 %
8/1/2016	76.46 %
9/1/2016	77.65 %
10/1/2016	76.91 %
11/1/2016	75.49 %
12/1/2016	75.63 %
1/1/2017	75.65 %
2/1/2017	75.63 %
3/1/2017	76.92 %
4/1/2017	78.01 %
5/1/2017	77.87 %
6/1/2017	79.59 %
7/1/2017	79.68 %
8/1/2017	79.32 %
9/1/2017	80.01 %
10/1/2017	79.28 %
11/1/2017	77.69 %
12/1/2017	78.28 %
1/1/2018	79.21 %
2/1/2018	78.86 %
3/1/2018	79.48 %
4/1/2018	79.92 %
5/1/2018	80.21 %
6/1/2018	80.38 %
7/1/2018	80.69 %
8/1/2018	80.55 %
9/1/2018	80.79 %
10/1/2018	80.93 %
11/1/2018	80.75 %
12/1/2018	81 %
1/1/2019	79.48 %
2/1/2019	79.25 %
3/1/2019	81.17 %
4/1/2019	81.32 %
5/1/2019	82.64 %
6/1/2019	83.69 %
7/1/2019	82.87 %
8/1/2019	83.09 %
9/1/2019	83.65 %
10/1/2019	83.26 %
11/1/2019	82.22 %
12/1/2019	82.6 %
1/1/2020	82.66 %
2/1/2020	82.69 %
3/1/2020	82.71 %
4/1/2020	81.71 %
5/1/2020	79.98 %
6/1/2020	80.44 %
7/1/2020	83.86 %
8/1/2020	83.37 %
9/1/2020	83.69 %
10/1/2020	83.04 %
11/1/2020	81.85 %
12/1/2020	82.5 %
1/1/2021	83.42 %
2/1/2021	83.26 %
3/1/2021	82.66 %
4/1/2021	82.96 %
5/1/2021	84.62 %
6/1/2021	85.91 %
7/1/2021	86.41 %
8/1/2021	86.64 %
9/1/2021	87.65 %
10/1/2021	86.79 %
11/1/2021	86.16 %
12/1/2021	86.79 %
1/1/2022	86.09 %
2/1/2022	86.45 %
3/1/2022	87.43 %
4/1/2022	87.48 %
5/1/2022	87.35 %
6/1/2022	88.48 %
7/1/2022	88.46 %
8/1/2022	88.36 %
9/1/2022	89.16 %
10/1/2022	88.85 %
11/1/2022	88.29 %
12/1/2022	87.65 %
1/1/2023	88.77 %
2/1/2023	88.53 %
3/1/2023	88.55 %
4/1/2023	88.67 %
5/1/2023	89.24 %
6/1/2023	89.73 %
7/1/2023	90.1 %
8/1/2023	89.27 %
9/1/2023	91.4 %
10/1/2023	91.33 %
11/1/2023	90.86 %
12/1/2023	91.06 %
1/1/2024	88.79 %
2/1/2024	88.74 %
3/1/2024	89.52 %
4/1/2024	89.1 %
5/1/2024	89.61 %

Employment Rate History

Date	Value
5/1/2024	89.609 %
4/1/2024	89.105 %
3/1/2024	89.519 %
2/1/2024	88.74 %
1/1/2024	88.793 %
12/1/2023	91.055 %
11/1/2023	90.86 %
10/1/2023	91.327 %
9/1/2023	91.396 %
8/1/2023	89.27 %
7/1/2023	90.1 %
6/1/2023	89.726 %
5/1/2023	89.244 %
4/1/2023	88.668 %
3/1/2023	88.55 %
2/1/2023	88.531 %
1/1/2023	88.771 %
12/1/2022	87.645 %
11/1/2022	88.287 %
10/1/2022	88.846 %
9/1/2022	89.16 %
8/1/2022	88.358 %
7/1/2022	88.46 %
6/1/2022	88.478 %
5/1/2022	87.354 %
4/1/2022	87.475 %
3/1/2022	87.432 %
2/1/2022	86.45 %
1/1/2022	86.088 %
12/1/2021	86.792 %
11/1/2021	86.163 %
10/1/2021	86.789 %
9/1/2021	87.647 %
8/1/2021	86.636 %
7/1/2021	86.41 %
6/1/2021	85.909 %
5/1/2021	84.617 %
4/1/2021	82.958 %
3/1/2021	82.658 %
2/1/2021	83.264 %
1/1/2021	83.42 %
12/1/2020	82.501 %
11/1/2020	81.855 %
10/1/2020	83.042 %
9/1/2020	83.691 %
8/1/2020	83.371 %
7/1/2020	83.856 %
6/1/2020	80.444 %
5/1/2020	79.983 %
4/1/2020	81.708 %
3/1/2020	82.706 %
2/1/2020	82.686 %
1/1/2020	82.657 %
12/1/2019	82.6 %
11/1/2019	82.221 %
10/1/2019	83.264 %
9/1/2019	83.653 %
8/1/2019	83.093 %
7/1/2019	82.869 %
6/1/2019	83.689 %
5/1/2019	82.639 %
4/1/2019	81.317 %
3/1/2019	81.172 %
2/1/2019	79.25 %
1/1/2019	79.48 %
12/1/2018	80.997 %
11/1/2018	80.751 %
10/1/2018	80.934 %
9/1/2018	80.786 %
8/1/2018	80.551 %
7/1/2018	80.689 %
6/1/2018	80.383 %
5/1/2018	80.212 %
4/1/2018	79.924 %
3/1/2018	79.48 %
2/1/2018	78.862 %
1/1/2018	79.209 %
12/1/2017	78.277 %
11/1/2017	77.687 %
10/1/2017	79.281 %
9/1/2017	80.012 %
8/1/2017	79.321 %
7/1/2017	79.677 %
6/1/2017	79.59 %
5/1/2017	77.875 %
4/1/2017	78.014 %
3/1/2017	76.922 %
2/1/2017	75.628 %
1/1/2017	75.65 %
12/1/2016	75.627 %
11/1/2016	75.487 %
10/1/2016	76.91 %
9/1/2016	77.654 %
8/1/2016	76.46 %
7/1/2016	77.176 %
6/1/2016	77.234 %
5/1/2016	76.465 %
4/1/2016	76.179 %
3/1/2016	74.956 %
2/1/2016	74.991 %
1/1/2016	74.158 %
12/1/2015	75.238 %
11/1/2015	75.492 %
10/1/2015	75.447 %
9/1/2015	75.644 %
8/1/2015	76.965 %
7/1/2015	75.712 %
6/1/2015	75.218 %
5/1/2015	76.294 %
4/1/2015	74.733 %
3/1/2015	72.211 %
2/1/2015	73.778 %
1/1/2015	73.62 %
12/1/2014	72.847 %
11/1/2014	74.07 %
10/1/2014	74.592 %
9/1/2014	74.291 %
8/1/2014	74.141 %
7/1/2014	74.832 %
6/1/2014	74.142 %
5/1/2014	72.678 %
4/1/2014	73.2 %
3/1/2014	72.205 %
2/1/2014	70.713 %
1/1/2014	72.602 %
12/1/2013	71.701 %
11/1/2013	71.089 %
10/1/2013	73.077 %
9/1/2013	72.619 %
8/1/2013	72.582 %
7/1/2013	72.535 %
6/1/2013	73.049 %
5/1/2013	72.328 %
4/1/2013	71.811 %
3/1/2013	71.746 %
2/1/2013	71.589 %
1/1/2013	72.094 %
12/1/2012	72.651 %
11/1/2012	72.179 %
10/1/2012	74.736 %
9/1/2012	73.832 %
8/1/2012	74.421 %
7/1/2012	75.838 %
6/1/2012	74.942 %
5/1/2012	76.261 %
4/1/2012	76.826 %
3/1/2012	75.852 %
2/1/2012	76.484 %
1/1/2012	78.292 %
12/1/2011	77.972 %
11/1/2011	78.36 %
10/1/2011	80.136 %
9/1/2011	82.089 %
8/1/2011	80.644 %
7/1/2011	83.011 %
6/1/2011	83.676 %
5/1/2011	82.533 %
4/1/2011	83.887 %
3/1/2011	82.853 %
2/1/2011	83.382 %
1/1/2011	84.304 %
12/1/2010	84.536 %
11/1/2010	85.499 %
10/1/2010	86.009 %
9/1/2010	87.04 %
8/1/2010	87.415 %
7/1/2010	87.335 %
6/1/2010	88.042 %
5/1/2010	87.707 %
4/1/2010	87.597 %
3/1/2010	87.967 %
2/1/2010	87.377 %
1/1/2010	88.083 %
12/1/2009	89.349 %
11/1/2009	88.902 %
10/1/2009	89.82 %
9/1/2009	90.68 %
8/1/2009	90.772 %
7/1/2009	90.157 %
6/1/2009	91.156 %
5/1/2009	91.268 %
4/1/2009	90.119 %
3/1/2009	90.288 %
2/1/2009	90.253 %
1/1/2009	90.077 %
12/1/2008	91 %
11/1/2008	92.1 %
10/1/2008	92.6 %
9/1/2008	92.5 %
8/1/2008	92.8 %
7/1/2008	92.9 %
6/1/2008	92.5 %
5/1/2008	93.3 %
4/1/2008	92.2 %
3/1/2008	90.9 %
2/1/2008	91.9 %
1/1/2008	92 %
12/1/2007	91 %
11/1/2007	92.4 %
10/1/2007	92.1 %
9/1/2007	91.5 %
8/1/2007	92.3 %
7/1/2007	92.1 %
6/1/2007	91.7 %
5/1/2007	92.2 %
4/1/2007	91.5 %
3/1/2007	90.3 %
2/1/2007	90.7 %
1/1/2007	91.2 %
12/1/2006	90.4 %
11/1/2006	90.7 %
10/1/2006	92.1 %
9/1/2006	91.6 %
8/1/2006	91.2 %
7/1/2006	91.8 %
6/1/2006	91.6 %
5/1/2006	90.7 %
4/1/2006	91 %
3/1/2006	90.7 %
2/1/2006	89.4 %
1/1/2006	90.4 %
12/1/2005	90.1 %
11/1/2005	89.9 %
10/1/2005	90.3 %
9/1/2005	90.2 %
8/1/2005	90 %
7/1/2005	90.3 %
6/1/2005	90.4 %
5/1/2005	90.3 %
4/1/2005	90 %
3/1/2005	89.3 %
2/1/2005	89.6 %
1/1/2005	89.5 %
12/1/2004	89.2 %
11/1/2004	89.4 %
10/1/2004	90 %
9/1/2004	89.9 %
8/1/2004	89.8 %
7/1/2004	89.8 %
6/1/2004	89.9 %
5/1/2004	89.8 %
4/1/2004	89.3 %
3/1/2004	88.6 %
2/1/2004	88.9 %
1/1/2004	88.2 %

...

Similar Macro Indicators to Employment Rate

Name	Current	Previous	Frequency
🇬🇷 Employed persons	4.423 M	4.231 M	Monthly
🇬🇷 Employment Change	0.6 %	0.6 %	Quarter
🇬🇷 Full-time employment	3.868 M	3.977 M	Quarter
🇬🇷 Job Opportunities	70,826	41,120	Quarter
🇬🇷 Job Vacancy Rate	3.1 %	1.8 %	Quarter
🇬🇷 Labor costs	110.913 points	117.677 points	Quarter
🇬🇷 Labor force participation rate	51.7 %	52.8 %	Quarter
🇬🇷 Long-term unemployment rate	6.2 %	5.5 %	Quarter
🇬🇷 Minimum Wages	968.33 EUR/Month	910 EUR/Month	Quarter
🇬🇷 Part-time work	315,500	278,800	Quarter
🇬🇷 Population	10.397 M	10.414 M	Annually
🇬🇷 Productivity	98.475 points	99.421 points	Quarter
🇬🇷 Retirement Age Men	67 Years	67 Years	Annually
🇬🇷 Retirement Age Women	67 Years	67 Years	Annually
🇬🇷 Unemployed Persons	490,657	528,245.2	Monthly
🇬🇷 Unemployment Rate	9.6 %	10.3 %	Monthly
🇬🇷 Youth Unemployment Rate	22.6 %	22.8 %	Monthly

In Greece, the employment rate represents the proportion of individuals aged 15 to 74 who are employed, expressed as a percentage of the labor force within that same age group.

What is Employment Rate?

Employment Rate: A Comprehensive Exploration The employment rate is a crucial macroeconomic indicator that reflects the proportion of the working-age population that is currently employed. As a pivotal measure, it offers deep insights into the economic health and labor market dynamics of a country. At Eulerpool, we strive to provide comprehensive and precise macroeconomic data, and understanding the employment rate is fundamental for businesses, policymakers, and economists alike. Understanding the Employment Rate In essence, the employment rate is calculated by dividing the number of employed individuals by the total working-age population and multiplying the result by 100 to express it as a percentage. This metric is vital for gauging the ability of an economy to generate jobs and absorb its labor force, thereby impacting economic growth, wage levels, and overall economic stability. Economic Implications of the Employment Rate Changes in the employment rate can have profound implications across various sectors of the economy. A rising employment rate usually signifies robust economic activity, increasing consumer spending, and improving business confidence. Conversely, a declining employment rate may indicate economic stagnation or recession, leading to reduced consumer spending, lower business profits, and potentially higher government expenditure on social welfare programs. Labor Market Dynamics The employment rate is a reflection of the underlying labor market dynamics. A high employment rate generally indicates a tight labor market, where the demand for labor meets or exceeds supply. This scenario can lead to upward pressure on wages, as employers compete to attract and retain workers. On the other hand, a low employment rate suggests a slack labor market, characterized by an excess supply of labor relative to demand. This condition often results in stagnant or declining wages, as job seekers outnumber available positions. Influences on Employment Rate Several factors influence the employment rate. Economic growth is a primary driver, as periods of robust economic expansion typically lead to job creation and higher employment. Demographic factors, such as the age composition of the population, migration trends, and labor force participation rates, also play significant roles. Additionally, government policies, including labor market regulations, tax policies, and social welfare programs, can have substantial impacts on employment rates. Sectoral Employment Trends Analyzing employment rates by sector provides valuable insights into the structural changes within an economy. Sectors such as technology, healthcare, and education often exhibit higher employment growth rates, reflecting shifts towards a knowledge-based economy. Conversely, traditional manufacturing and agricultural sectors may experience relative declines in employment due to automation and technological advancements. Understanding these sectoral trends is critical for formulating targeted economic policies and workforce development strategies. Unemployment Rate vs. Employment Rate It is essential to distinguish between the employment rate and the unemployment rate, another commonly referenced labor market indicator. While the employment rate measures the proportion of the working-age population that is employed, the unemployment rate assesses the percentage of the labor force that is actively seeking employment but is currently unemployed. Both metrics provide complementary perspectives on the labor market's health, with the employment rate offering a broader view of overall job market conditions. Policy Implications The employment rate is a key consideration for policymakers. High employment rates are often associated with economic prosperity and social stability. Consequently, governments aim to implement policies that promote job creation, enhance labor market flexibility, and support workforce development. Measures such as tax incentives for businesses, investment in education and training programs, and infrastructure development are commonly employed to stimulate employment growth. Impacts of Technological Change Technological advancements present both opportunities and challenges for employment rates. Automation and artificial intelligence can lead to job displacement in certain sectors while creating new opportunities in others. Policymakers and businesses must anticipate and manage these transitions to ensure that workers can adapt to changing labor market demands. Investment in continuous education and skill development is vital to maintaining high employment rates in an increasingly technology-driven economy. Global Comparisons Comparing employment rates across countries can provide valuable insights into different economic structures and policy approaches. Countries with high employment rates often have well-developed education systems, robust social safety nets, and dynamic business environments. These factors contribute to a more resilient labor market capable of adapting to economic shocks and structural changes. Conversely, countries struggling with low employment rates may face challenges such as inadequate education systems, rigid labor market regulations, or economic instability. Long-term Trends Long-term trends in employment rates can reveal significant shifts in an economy's structural composition and labor market dynamics. Analyzing historical data helps identify patterns and cyclicality in employment rates, providing insights into how economies respond to various economic shocks and policy interventions. For instance, the shift from manufacturing-based economies to service-oriented ones has had profound implications for employment rates and job quality. Conclusion The employment rate is a fundamental indicator of economic health and labor market conditions. At Eulerpool, we recognize the importance of accurate and comprehensive macroeconomic data in informing business decisions, policy formulation, and economic analysis. Understanding the employment rate's intricacies, influences, and implications is essential for stakeholders across the economic spectrum. As technological advancements, demographic shifts, and policy changes continue to shape labor markets globally, staying informed about employment rate trends will be crucial for navigating the complexities of the modern economy. By providing detailed and reliable macroeconomic data, Eulerpool aims to empower users with the knowledge needed to drive informed decisions and foster economic growth.

Country

Greece

Continent

Europe

Highest Value

93.3

Lowest Value

70.71

Average Value

83.7

All Macro Indicators for Greece

Apartment

Business

Consumer

Energy

GDP

Government

Health

Money

Prices

Trading

Work