Unemployment Rate (MoM)

Date Time Left   Event Impact Previous Consensus Actual
Jan 12, 10:00  Unemployment Rate (MoM) 23.0%

Unemployment Rate (MoM)

The Unemployment Rate released by the National Statistics Service is the number of unemployed workers compared to all the active workers in the economy. If the number rises, it indicates a lack of expansion within the Greek labor market and thus a weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the Euro, while an increase is seen as negative (or bearish).



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