Unemployment in Greece dropped to 9.2% in December 2023, down by 0.4% from November of the same year, according to the Greek Statistical Authority’s (ELSTAT) seasonally adjusted figures.
Compared to the corresponding month in 2022, when the jobless rate stood at 12.2, this represents a notable 3% drop.
The data showed employed individuals amounted to 4,264,292, marking a rise of 102,064 employees compared to December 2022 (2.5%) and 97,732 compared to November 2023 (2.3%).
The figure by the Greek Statistical Authority is 0.2% off the Eurostat’s estimate published on Tuesday, which placed the jobless rate for December 2023 at 9.4%.
The unemployed in Greece numbered 430,088 individuals, marking a decrease of 146,424 people compared to December 2022 (-25.4%) and a reduction of 746 individuals compared to November 2023 (-0.2%).
Individuals under 75 years old not included in the labor force, or “those outside the labor force,” meaning those who are neither employed nor actively seeking employment, totaled 3,093,407, reflecting an increase of 14,960 individuals compared to December 2022 (0.5%) and a decrease of 99,249 individuals compared to November 2023 (-3.1%).
Despite overall improvements, women in Greece remain persistently disadvantaged in the labor market, as the rate for females decreased to 11.2% in December 2023 from 11.6% in December 2022, while for men, it decreased to 7.1% from 8.9%. The gender gap highlights ongoing challenges and disparities in the Greek labor market.
Market pundits suggest that high jobless rates among the youth and women, partly attributed to “informal employment,” hurt the quality of life for young people, and by extension, more seriously, the demographic problem facing the country.
In the age group of 15-24 years, the unemployment rate decreased to 22.3% from 30.4%, and in the 25-74 age group, it lowered to 8.3% from 11.2% in December 2022.
Interestingly, at the same time, almost 9 out of 10 businesses report major difficulties in recruiting new employees from the available labor pool, even though companies claim they are not only seeking individuals with specialized skills and trained professionals but also unskilled workers.
It is worth noting that the staff shortage problem is not limited to sectors with seasonal activities, such as tourism and hospitality, but intersects all sectors of the economy.
Source: tovima.com
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Eurostat: Women and Youth Most Underpaid in Greece
In the EU 18.2% of women are low-paid compared to men, against 23% in Greece. A staggering 43% of young Greeks are low-paid—the second-worst rate in Europe.
Public Services in Greece to Go Under Review with New Rating Tool
Public services will receive their evaluation scores and feedback directly, fostering a system of accountability and continuous improvement.
Istanbul Earthquake – Greek Prof. Concerned Major Quake Yet to Strike
Responding to concerns over whether a potential major quake in Istanbul could affect Greece, Papazachos was reassuring: “The fault extends as far as Lemnos and the Northern Sporades, but it doesn’t rupture all at once. An earthquake in Istanbul doesn’t have the capacity to directly affect Greek territory.”
Greece 4th Most Popular Summer Destination for Europeans
Southern Europe remains the top choice for Europeans at 41%, though down 8% from last year, likely due to rising temperatures and climate concerns.
Easter Sales Performance and the Source of €4–5 Million in Losses
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.
Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.
Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.
WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year
IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock
First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region
![Accor: Η βιωσιμότητα «κλειδί» για την ανάπτυξη και ανθεκτικότητα του ελληνικού τουρισμού [έρευνα]](https://www.ot.gr/wp-content/uploads/2025/04/thumbnail-90x90.jpg)
![Οι αλλαγές που υπάρχουν στα φορολογικά έντυπα για τα εισοδήματα του φορολογικού έτους 2024 από ακίνητα [Γ’ Μέρος]](https://www.ot.gr/wp-content/uploads/2025/03/akinita-600x400.jpeg)
