Greek Statistical Authority: Unemployment rate in Greece at 16.8% in the fourth quarter of 2019

Greek Statistical Authority: Unemployment rate in Greece at 16.8% in the fourth quarter of 2019

The unemployment rate was measured at 16.8% in the fourth quarter of 2019, rising by 0.4% compared to the preceding quarter, according to data from the Hellenic Statistical Authority.

In particular, the number of employed persons was 3,901,791 and the number of unemployed persons was 786,416. The unemployment rate stood at 16.8% compared to 16.4% in the previous quarter (Q3 of 2019) and 18.7% in the corresponding quarter of the previous year (Q4 2018).

It should be noted that employment decreased by 1.8% compared to the previous quarter and increased by 1.8% compared to the corresponding quarter of the previous year.

The number of unemployed increased by 1.2% compared to the previous quarter and decreased by 10.7% in relation to the same quarter last year.

High rates for young men and women

The highest unemployment rates are found in the female population, the age group of 15-19, in Western Greece and in the group which has attended up to a few elementary grades. The highest proportion of the labor force is occupied by men, the age group of 30-44, Crete, those who have completed post-secondary education and by foreign nationals.

68.2% of the population are employees

During the fourth quarter of 2019, the largest percentage of employed persons was found to be working as employees (68.2%), while there is a noteworthy percentage of self-employed without staff (21.3%). Compared to the previous quarter, there is a decrease in the percentage of employees and an increase in the number of self-employed staff and those working in family business, while these trends appear reversed in relation to the previous year.

The share of part-time workers is 9.5%, while the share of people with temporary jobs is 8.4%. Part-time employment increased compared to the previous quarter and the corresponding quarter last year. Temporary employment rates fell compared to the previous quarter but went up compared to the corresponding quarter of the previous year.

The occupations that make up the largest percentage of employees are service workers and salespeople (23.8%) and professionals (19.1%). Compared to the previous quarter, the highest drop was recorded in the sector of office workers, while senior management and managers experienced the largest surge. Compared to the same quarter last year, office workers recorded the largest increase and skilled farmers, stockbreeders, foresters and fishermen experienced the largest drop.

Taking into consideration the progression of the distribution of the number of employees in broad groups of occupations, one finds that, during the period between the first quarter of 2008 and the 4th quarter of 2019, the proportion of low-skilled non-manual workers went up, while the proportion of those employed in the manual, specialized occupations falls. The proportion of those employed in elementary occupations remains relatively stable, as is the case for highly skilled non-manual occupations after 2011. Finally, the share of skilled workers in primary production has been steadily declining since 2014.

Profiling the unemployed

The main reasons that the unemployed stopped working were either because they were working with a fixed-term contract which expired (29.3%) or because they were fired (22.9%). The largest percentage of the unemployed (19.7%) worked in the hotel and catering industries. Regarding the profession of their previous job, the largest percentage (30.3%) were employed as service providers or as salespeople.

The percentage of unemployed who have not worked before (new unemployed) stands at 20.1%.

The majority of the unemployed (72.1%) have been in search for a job for a year or more (long-term unemployed). 23.0% of the unemployed are only looking for a full-time job, while 68.1% are looking for a full-time job but would settle for a part-time job as well. The percentage of unemployed who declare that they are not registered with the Hellenic Manpower Employment Organization (OAED) is 20.9%, while the percentage of those who declare that they receive an OAED allowance or assistance is 14.0%.

The regions of Western Greece, Western and Central Macedonia have the highest unemployment rates, with 23.2%, 22.6% and 19.4% respectively. /ibna