Greece unemployment rate reaches 17.1% in the first quarter of 2021

The unemployment rate in Greece in the first quarter of this year reached 17.1%, up from 16.2% in the previous quarter and in the same period last year, according to data from the Greek Statistical Office (ELSTAT).

In the most recent quarterly workforce survey, ELSTAT reported that the number of employed, 3,625,061 people, was down 6.5% from the previous quarter and 5.9% year over year.

The survey noted that, in accordance with EU guidelines due to Covid-19, ‚Äúpersons whose contract is suspended are still considered to be employed if the suspension period is less than 3 months or if they receive more than 50% of their remuneration “.

The number of unemployed amounted to 745,414 people, which is 0.6% less compared to the previous quarter and without significant changes compared to the same quarter of 2020.

The number of out-of-work people, defined as people not working or looking for work, was 4.7 million, of which 3.5 million were under the age of 75. Their share increased by 7.7% compared to the previous quarter and by 5.9% compared to the same period in 2020.

The regions of Central Greece, South Aegean and Crete had the highest unemployment rates, while the Peloponnese, North Aegean and Attica had the lowest.

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