Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
GreeceGreece Unemployment Rate fell to 9.5% in April 2026
FMPMonthlyReleased May 2026
Greece Unemployment Rate fell to 9.5% in April 2026, released May 2026, down 0.9% from March's 10.4% reading. The reading matched expectations. Unemployment Rate has now risen for 4 consecutive months. Over the past 3 months, Unemployment Rate averaged 8.36%, vs 8.13% in the prior 3-month window. Unemployment Rate is now the highest in 9 months.
Latest Release
9.5
Actual
9.2
Consensus
10.4
Previous
Median Absolute Error
±0.42 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 9.48
Actual: 9.5
Error: -0.03
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
Unemployment Rate (Greece) was reported at 10.6% in June 2026. The reading rose from the previous value of 8.3%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 8.45%, ranging from 7.5% to 10.6% across 12 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 9.53%, up from the prior three at 7.83%. Volatility over the past year (σ 0.8%) is higher than the prior year (σ 0.62%). In June readings over the past 3 years, Unemployment Rate has averaged 10.6%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with GBP/USD (Bullish GBP). Over the last 12 releases, the Sigmacast model's median absolute error is 0.43%.
WHAT TO WATCH NEXT
The next release is scheduled for July 1, 2026.
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
SHARE
Unemployment Rate - GR
Loading chart data...
About Unemployment Rate — Greece
DEFINITION
The Unemployment Rate is a key economic indicator that measures the percentage of the total labor force that is currently without a job and actively seeking employment. It is used to assess the health of the job market and the overall state of the economy. A high unemployment rate can indicate a weak economy, while a low unemployment rate can suggest a strong and growing economy. This data is closely monitored by policymakers, businesses, and investors to make informed decisions and projections.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2026): actual 10.6 %. Prior reading (Apr 2026): 9.5 %. Before that (Mar 2026): 9 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with GBP/USD (Bullish GBP, r=0.59) — a useful reference for forex-focused traders.