From 12.4% in Q2 2022 vs. 13% in Q3 2021
The unemployment rate in the country was 11.6% in the third quarter of this year, from 12.4% in the second quarter of 2022 and against 13% in the third quarter of 2021. The number of unemployed people reached 555,567 people, showing a decrease 6.1% compared to the previous quarter and a decrease of 9.7% compared to the corresponding quarter of the previous year. However, around 350,000 people are long-term unemployed, meaning they have been looking for work for more than a year without finding one.
According to ELSTAT’s quarterly labor force survey, the unemployment rate for women rose to 15.4% compared to 8.7% for men.
In terms of age, the highest percentages are recorded at the ages of 15-19 (40.2%) and 20-24 (27.6%). They are followed by the ages of 25-29 years (18.3%), 30-44 years (11.9%), 45-64 years (8.1%) and 65 years and over (7.2%).
At the level of regions of the country, the first three places are Western Macedonia (19.1%), Thessaly (17.2%) and Epirus (15.2%). They are followed by Central Macedonia (13.7%), Central Greece (12.9%), Eastern Macedonia-Thrace (12.8%), Peloponnese (12.8%), Western Greece (12.1 %), Attica (9.9%), North Aegean (8.9%), Crete (8.2%), Ionian Islands (7.3%) and South Aegean (5.1%) .
The survey data also shows that the main reasons the unemployed stopped working are either because their work was of limited duration and ended (30.6%) or because they were fired (17.3%). The percentage of the unemployed who have not worked in the past (young unemployed) is 25%. The majority of the unemployed (62.9%) have been looking for work for a year or more (long-term unemployed). Also, the majority of the unemployed have completed up to secondary education (58.9%). The percentage of the unemployed who declare that they are not registered with DYPA (OAED) amounts to 17.8%, while the percentage of those who declare that they receive an allowance or assistance from DYPA (OAED) amounts to 12%.
At the same time, the number of employees reached 4,216,038 people, showing a 1.2% increase compared to the previous quarter and a 2.4% increase compared to the corresponding quarter of the previous year. The largest percentage of employed people work as employees (70.3%), while the percentage of self-employed people without staff is also significant (19.1%). The percentage of part-time employment is 7.2%, while the percentage of people with temporary work is 8.2%. Part-time employment shows a decrease of 12.8% compared to the previous quarter and 8.9% compared to the corresponding quarter of the previous year. Temporary employment has increased both in relation to the previous quarter (5.3%), and in relation to the corresponding quarter of the previous year (3.9%).
The professions that gather the largest percentage of employees are those employed in the provision of services and sales (22.5%) and professionals (21.4%). Compared to the previous quarter, the largest increase is observed among unskilled workers, manual workers and small professionals and among technicians and practitioners of related professions (5.8% and 3.8% respectively), while a decrease is observed among professionals (0.9%). Compared to the corresponding quarter of the previous year, the largest increase is seen in professionals and unskilled workers, manual workers and small professionals (10% and 9%, respectively), while a decrease is observed in technicians and practitioners of related professions (6.7%) and to office workers (2.7%).
The largest percentage of employed people (48.6%) state that they worked 40-47 hours in the reference week, while a significant percentage (21.7%) state that they worked 48 or more hours. The majority of those employed (78.1%) state that they worked normal hours during the reference week. 8% say they would like to work more hours, 3.3% are part-time underemployed who would like to work more and could start working more within the next two weeks, and 1.6% have more than one task.
Finally, people not included in the labor force or “people outside the labor force” (those not working or looking for work) amounted to 4,276,631 people. People outside the labor force under the age of 75 amounted to 3,060,938 people and their rate decreased by 0.7% compared to the previous quarter and 2.2% compared to the corresponding quarter of the previous year.
The majority of people outside the labor force aged 15-74 have either never worked before (47.3%) or it has been more than 8 years since they left their last job (29.9%). Of those who had worked within the last 8 years, the largest proportion stopped working because they retired (61%), or because their work was of limited duration and ended (13.5%).
92.2% of those not in the labor force say they do not want to work, 0.5% say they are looking for work but not immediately available to take it, and 4.7% say they are available to take work directly but not looking for.
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