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Greece - Unemployment rate

21.5 (%) in 2017

Unemployment rate of Greece slumped by 8.92% from 23.6 % in 2016 to 21.5 % in 2017. Since the 12.49% surge in 2013, unemployment rate sank by 21.93% in 2017.

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What is unemployment rate?

Unemployment rate can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. The OECD harmonized unemployment rate gives the number of unemployed persons as a percentage of the labor force (the total number of people employed plus unemployed). [OECD Main Economic Indicators, OECD, monthly] As defined by the International Labour Organization, "unemployed workers" are those who are currently not working but are willing and able to work for pay, currently available to work, and have actively searched for work. [ILO, http://www.ilo.org/public/english/bureau/stat/res/index.htm]

What is Greece unemployment rate?

Date Value Change, %
2017 21.5 -8.92%
2016 23.6 -5.42%
2015 24.9 -6.04%
2014 26.5 -3.55%
2013 27.5 12.49%
2012 24.4 36.83%
2011 17.9 40.28%
2010 12.7 32.55%
2009 9.6 23.87%
2008 7.8 -7.74%
2007 8.4 -6.67%
2006 9.0

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