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Greece

3. Employment & Entrepreneurship

3.1 General context

Last update: 18 March 2026
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  1. Labour market situation in the country
  2. Main concepts

 

Labour market situation in the country

According to the results of the Labour Force Survey for the fourth quarter of 2025 by the Hellenic Statistical Authority:

The number of employed persons amounted to 4,352,366, representing a decrease of 1.1% compared with the previous quarter and an increase of 1.7% compared with the corresponding quarter of the previous year. The number of unemployed persons amounted to 394,894, representing an increase of 0.4% compared with the previous quarter and a decrease of 12.1% compared with the corresponding quarter of the previous year. The unemployment rate in the fourth quarter of 2025 stood at 8.3%. The unemployment rate in the previous quarter (Q3 2025) was 8.2%, while in the corresponding quarter of the previous year (Q4 2024) it was 9.5%. Persons not included in the labour force, or “persons outside the labour force”—that is, individuals who are neither employed nor seeking employment—amounted to 4,250,648. More specifically, persons outside the labour force under the age of 75 amounted to 3,002,142. Their number increased by 1.4% compared with the previous quarter and decreased by 1.6% compared with the corresponding quarter of the previous year

More specifically, for the 15–19 age group, the unemployment rate is 19.9%; for the 20–24 age group, 17.3%; and for the 25–29 age group, 14.7%.

National policies and Institutional Interventions for youth employment, especially after the economic and pandemic crises, focus on the holistic upgrading of the provided Vocational Education and Training, both initial and continuing, Lifelong Learning, and Youth at the level of (a) structures and infrastructure, (b) procedures, (c) content (Curriculum and Training Guides), and (d) certification. Additionally, the aim is to redefine and upgrade Adult Learning with special attention to adult general education. Finally, efforts are made to eliminate social exclusions through targeted interventions ensuring equal opportunities.

In 2025, the Code of Individual Labour Law (Presidential Decree 62/2025) entered into force, codifying the entirety of Greek labour legislation. The Code consolidates and systematises the provisions governing employment relationships, employees’ leave, labour protection, working time, and the obligations of employers and employees.

Main concepts

From the day someone completes the 15th year of life he/she can work legally in Greece. According to the Law of the Protection of Minors during Employment, any form of work is prohibited to those who have not completed 15 years of age.

Government agencies are taking action to facilitate young people to find work despite market failures after the long period of economic crisis, which has been exacerbated by the health crisis.

Some of the key concepts are:

  • Employed: Individuals aged above 15.

  • Unemployed: Individuals aged 15-74 who do not work.

  • Inactive: Individuals who are neither employed nor unemployed.

  • Self-employed with staff: Individuals who work in their own business or as freelancers for profit and employ at least one person.

  • Self-employed without staff: Individuals who work in their own business or as freelancers for profit and do not employ anyone.

  • Wage earners: Individuals who work for an employer in either the public or private sector.

  • Assisting family business members: Individuals who help another family member in running the family business, provided they are not classified as employees or self-employed.

  • Part-time employment, full-time employment.

  • Temporary work: A job is considered temporary if the employer and employee agree that its end is determined by objective circumstances.

  • Duration of unemployment: The time spent searching for work.

  • Individuals in education: An individual is considered to be in education if they are attending any educational program, including basic education, supplementary education, vocational education, etc.