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EACEA National Policies Platform
Greece

Greece

3. Employment & Entrepreneurship

3.1 General context

Last update: 1 July 2024
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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 First quarter of 2022  by the Hellenic Statistical Authority:

The number of employees amounted to 4.044.024 people, showing a decrease of 0.2%, compared to the previous quarter and an increase of 11.6%, compared to the respective quarter of the previous year.

The number of unemployed amounted to 647.196 people, showing an increase of 4.8% compared to the previous quarter and a decrease of 13.2%, compared to the corresponding quarter of the previous year. The unemployment rate in the first quarter of 2022 amounted to 13.8%. The unemployment rate in the previous quarter (D '2021) was 13.2% and in the corresponding quarter of the previous year (A' 2021) was 17.1%.

The number of people not included in the workforce, or "people outside the workforce", i.e. people who are not working or looking for work, amounted to 4.364.575. In particular, the number of people out of workforce under the age of 75, amounted to 3.157.587. Their percentage decreased by 0.9% compared to the previous quarter and by 10.0% compared to the corresponding quarter of the previous year.

In terms of age, the highest percentages are recorded among the groups aged 15-19 (60.8%) and 20-24 (31.8%). Then follow those aged 25-29 (21.3%), 30-44 (13.4%), 45-64 (10.5%) and above 65 (9.4%).

 

Main concepts

From the day someone becomes 15 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.