Youth and Gender Disparities Persist Despite Decline in Greek Unemployment

13:39 1/4/2025 - Πηγή: Dikaiologitika

Greece’s labor market showed promising signs of recovery in February 2025, with the national unemployment rate falling to 8.6%, according to new data released by the Hellenic Statistical Authority (ELSTAT).

The seasonally adjusted figure marks a notable drop from 11.5% in February 2024 and

from 9.1% just a month earlier in January 2025.

Despite this encouraging overall trend, the figures reveal lingering disparities across age, gender, and regions of the country. Youth unemployment, while significantly improved, remains disproportionately high. Among individuals aged 15 to 24, the jobless rate declined to 16.8%, down from a striking 28.9% in the same month last year. Even so, young people in Greece continue to face unemployment at nearly twice the national average, underscoring ongoing structural challenges in integrating younger generations into the workforce.

The unemployment rate among women also showed a meaningful decrease, falling to 11.3% from 13.9% a year earlier. However, this still contrasts sharply with the male unemployment rate, which stood at just 6.4% in February. The gender gap in employment remains entrenched, reflecting longstanding inequalities in access to and retention of jobs for women in Greece, despite some recent narrowing.

The total number of people employed rose to 4.31 million, a 1.7% increase compared to February 2024 and 0.9% higher than in January 2025. This steady growth in employment points to broader improvements in economic activity and labor market conditions.

However, concerns persist about the number of individuals classified as economically inactive—those who are neither working nor seeking employment. This group reached 3.04 million people in February, marking a 1.5% increase year-over-year. While there was a small decline compared to January, the upward trend over the past year suggests deeper, underlying issues that may be limiting labor force participation.

#ENGLISH_EDITION #UNEMPLOYMENT
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Youth, Gender Disparities Persist Despite Decline,Greek Unemployment