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Greece Still Leads Europe in Long-Term Unemployment

Greece Still Leads Europe in Long-Term Unemployment

Hellenic Shipping News

Greece continues to hold the top spot among European countries for

Greece continues to hold the top spot among European countries for long-term unemployment—a position it has maintained for over a decade—remaining significantly ahead of its EU counterparts, according to data from Eurostat.

Figures released by Eurostat on Sunday, reveal that unemployment across the EU dropped to a historic low of 5.9% in 2024 for individuals aged 15 to 74. This marks the lowest level since the EU began collecting standardized data in 2009.

Long-term unemployment, defined as individuals who have been jobless for at least 12 consecutive months, also fell to a record low of 1.9%. However, Greece remains an outlier, with 5.4% of its labor force classified as long-term unemployed—well above the EU average. Spain follows with 3.8%, and Slovakia at 3.5%.

Despite this bleak figure, there’s a notable discrepancy between Eurostat figures and those from Greece’s Public Employment Service (DYPA). While Eurostat, based on data from the Hellenic Statistical Authority (ELSTAT), reports 257,000 long-term unemployed in 2024, DYPA’s registry shows over 458,000 registered unemployed by the end of the year.

This suggests that nearly 200,000 long-term unemployed individuals remain invisible in national and European statistics.

At the other end of the spectrum, countries with the lowest long-term

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