Unemployment in Greece: Econometric Evidence after the Athens 2004 Olympics and before the Global Financial Crisis of 2007–2009

Table 1

(a) Unemployment rates (annual average %). (b) Long-term unemployment rates as percentage of the unemployed people (annual average %).

(a)  

			year
Geographical area
		2002	2006	2009
	EU-27	8.9	8.2	9.0
	Euro area	8.4	8.5	9.6
Total	Greece	10.3	8.9	9.5
	Attica	9.3	8.3	8.8
	RCM	11.5	9.3	9.9

Source: Eurostat (http://www.epp.eurostat.ec.europa.eu/portal/page/portal/statistics/search_database).

(b)  

			year
Geographical area
		2002	2006	2009
	EU-27	44.9	45.1	33.3
	Euro area	45.2	45.8	35.4
Total	Greece	51.4	53.9	41.0
	Attica	51.9	54.6	37.2
	RCM	48.7	55.3	46.5

Source: Eurostat (http://www.epp.eurostat.ec.europa.eu/portal/page/portal/statistics/search_database).