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About: Youth unemployment in Greece     Goto   Sponge   NotDistinct   Permalink

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Youth unemployment in Greece focuses on the 15–24 years old age group. Greece has the highest youth unemployment rate in the European Union as of May 2019 with a rate of 40.4% of youths between 15-24 unemployed. This is far higher than the EU youth unemployment rate of 14.3% in 2019. The Greek youth unemployment rate is also the second highest among OECD nations only being surpassed by South Africa. The youth unemployment rate in Greece worsened in the period after the 2008 financial crisis hitting a peak of 58.2% in 2013. While youth unemployment is high in Greece it is far more than the adult unemployment rate in Greece which is only 17.6% as of June 2019.