Unemployment fell to 18.3% in the third quarter

A decrease in unemployment to 18.3% was recorded in the third quarter of this year, from 19% in the second quarter of 2018 and 20.2% in the third quarter of 2017. The number of unemployed amounted to 871,756 people and decreased by 3.8% compared to the previous quarter and by 10.1% compared to the third quarter of last year. However, about 626,000 inhabitants of Greece (71.8% of the total number of unemployed) have long been unemployed.

According to the ELSTAT study, the highest unemployment rates are among women aged 15-19 in Western Macedonia and among those who have completed several grades of primary school. The highest percentage of the labor force is found among men, people aged 30-44, residents of the Ionian Islands, graduates and foreign nationals.

In particular:

Unemployment among women rose to 23.3%, compared with 14.3% for men.

By age, the highest unemployment rates were recorded in the groups 15-19 years old (44.3%) and 20-24 years old (35.4%). And also, as reported, unemployment rates by age group are: 25-29 years – 27.1%, 30-44 years – 17.7%, 45-64 years -14.9%, 65 years and older – 10, nine%.

Regarding the regions of the country, the first three places are occupied by Western Macedonia (27.6%), Western Greece (23.8%) and the North Aegean Islands (20.7%). They are followed by Central Macedonia (20.1%), Attica (19.5%), Epirus (19%), Central Greece (18.4%), Thessaly (17.8%), East Macedonia-Thrace (15, 6%), the Peloponnese (13.8%), the South Aegean (10.4%), Crete (9.9%) and the Ionian Islands (9.4%).

The main reasons for the termination of labor relations are that the work was limited in duration (the contract ended) in 26.8% of cases, or dismissal (23.5%).

The largest percentage of the unemployed (18.8%) is trade personnel. The percentage of unemployed who did not work in the past (young unemployed) is 20.6%.

Most of the unemployed (92.5%) are looking for work on a permanent basis. The percentage of unemployed people who say they are not registered with the OAED is 22.7%, and the percentage of those receiving benefits or assistance from the OAED is 9.7%.

In terms of employment, the number of employees was 3,894,184, and employment increased by 0.9% compared to the previous quarter and 1.8% compared to the corresponding quarter last year.

The largest percentage of employees work as employees (67.1%), while the percentage of self-employed without staff is also important (21.8%). Compared to the previous quarter and a year earlier, there is a decrease in the employment of assistants in the family business and self-employed without staff. Growth is also observed in other categories.

The share of part-time workers is 8.7%, and the share of people with temporary work is 8.5%. Part-time employment is declining compared to the previous quarter and the corresponding quarter of the previous year. Temporary employment increased compared to the previous quarter and decreased slightly compared to the corresponding quarter of the previous year.

The occupations that account for the largest percentage of employees are service workers and salespeople (23.9%) and professionals (18.7%). Compared to the previous quarter and the corresponding quarter of the previous year, the highest growth was observed among senior managers and administration.

Between the third quarter of 2008 and the third quarter of this year, the percentage of those employed in unskilled jobs increased significantly. At the same time, the percentage of those who are engaged in specialized manual work has decreased. And the percentage of those employed in agriculture remains relatively stable.

The largest percentage of employees (44.4%) said they worked 40-47 hours in the base week, while a significant percentage (29.7%) said they worked 48 hours or more. The majority (83.4%) said they worked as usual, and 10% said they would like to work more. In addition, 2.4% say they have a second job, and 2.1% are looking for an additional job, although they already have one.

The inactive (unemployed and not looking for a job) make up about 4,369,500 people. Most of them aged 15-74 have never worked before (47.7%) or more than 8 years have passed since they stopped working (23.7%). Of those who worked in the last 8 years, the largest percentage stopped working because of retirement (64.2%) or because their work was limited in duration and ended (7.3%). The main reasons why inactive people are not looking for work are because they have retired (38.2%) or completed training (23.8%). In addition, 0.6% of inactive people are looking for a suitable job, but cannot find it. At the same time, 1.5% do not look for a job, because they believe they will not find it, or do not know how to do it.

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