
The unemployment rate in Greece stood at 10.4% in January 2024, according to the official data released by the Greek StatistaicalAuthorities (ELSTAT).
As stated in a relevant announcement, the seasonally adjusted unemployment rate in January 2024 was 10.4%, compared to 11.3% in January 2023 and the revised upwards of 10.4% in December 2023.
Women were more affected than men by unemployment, with rates of 13.2% and 8.0%, respectively. The jobless rate for young people aged 15 to 24 decreased to 22.9% in January from 26.8% in the same month in 2023, ELSTAT announced.
Employed persons amounted to 4,266,094 individuals, an increase of 115,538 individuals compared to January 2023 (2.8%) and 28,810 individuals compared to December 2023 (0.7%).
The unemployed amounted to 495,132 individuals, a decrease of 34,245 individuals compared to January 2023 (-6.5%) and an increase of 1,741 individuals compared to December 2023 (0.4%).
People under 75 who are not included in the workforce, or “people outside the workforce,” meaning those who are not working and not seeking employment, amounted to 3,028,607, a decrease of 103,663 individuals compared to January 2023 (-3.3%) and 29,422 individuals compared to December 2023 (-1.0%).
People under 75 years old who are not included in the workforce, or “people outside the workforce,” meaning people who are neither employed nor seeking employment, amounted to 3,028,607, a decrease of 103,663 individuals compared to January 2023 (-3.3%) and a decrease of 29,422 individuals compared to December 2023 (-1.0%).
Source: tovima.com


Latest News

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

Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)

Mitsotakis Unveils €1 Billion Plan for Housing, Pensioners, Public investments
Greek Prime Minister Kyriakos Mitsotakis has announced a new set of economic support measures, worth 1 billion euros, aiming to provide financial relief to citizens.