30 September 2026, 12:20 Greece: Jobless Rate Lowest since May 2008.
Greeceās seasonally adjusted unemployment rate fell to 7.4% in August 2026 from 7.9% in July, reaching its lowest level since May 2008. The decline was supported by a reduction in the number of unemployed people, which fell by 25,656 from the previous month and by 67,181 from a year earlier to 350,800. Employment also strengthened, with the number of people in work rising by 17,322 month-on-month and 85,042 year-on-year to 4.41 million. Unemployment remained significantly higher among women, although the female rate declined to 10.3%, compared with 4.9% for men. Younger workers continued to face greater difficulties, with unemployment among those aged 15-24 standing at 15.6%, while the rate for people aged 25-74 was 6.9%. The number of people outside the labour force aged under 75 increased by 4,130 from July but was 60,682 lower than a year earlier, reaching 2.94 million.
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