FX.co ★ Greek Unemployment Climbs to 10.6% in Q1 2026, Reversing Prior Improvement

Greece’s labor market showed renewed strain at the start of 2026, as the quarterly unemployment rate rose to 10.6% in the first quarter of the year. The increase marks a notable deterioration from the fourth quarter of 2025, when the jobless rate had eased to 8.3%.

The rebound in unemployment suggests that momentum in the Greek labor market has weakened after previous improvements. The shift between late 2025 and early 2026 points to emerging headwinds for employment, with more workers unable to find jobs as the new year began.

The latest data, updated on 5 June 2026, will likely refocus attention on the resilience of Greece’s economic recovery and could influence expectations for labor-market policies and broader economic planning in the coming quarters.