ELSTAT: Greece’s Unemployment Drops to 7.9% in May 2025

In May 2025, Greece’s unemployment rate fell to 7.9%, according to data released by the Hellenic Statistical Authority (ELSTAT). This marks a significant decrease from the revised 10.5% recorded in May 2024 and a drop from 8.3% in April 2025.ELSTAT reported that employment rose to 4,346,499 individuals, reflecting an increase of 86,787 people (2.0%) compared to May 2024 and a 0.7% rise, or 30,268 more employed, compared to the previous month.

The number of unemployed dropped sharply to 370,369, down by 128,709 people (-25.8%) year-on-year, and decreased by 19,260 (-4.9%) compared to April 2025.

Those classified as “inactive” — individuals under 75 years old who are neither employed nor actively seeking work — numbered 3,036,385. This group grew by 14,438 people (0.5%) from May 2024 but slightly declined by 13,363 (-0.4%) from April 2025.

At the European level, Eurostat announced that the seasonally adjusted unemployment rate in the eurozone was 6.3% in May 2025, up slightly from 6.2% in April but down from 6.4% in May 2024.

Across the entire European Union, the unemployment rate remained stable at 5.9% compared to April 2025, showing a slight decrease from 6.0% the previous year. These figures were published by Eurostat, the EU’s statistical office.

Source: pagenews.gr