# Table 9 Probability of unemployment and long-term unemployment in Greece

Aged 16-64 Aged 16-29
Long-term unemployment Unemployment Long-term unemployment Unemployment
Coefficient df/dX p value df/dX p value df/dX p value df/dX p value
Age 20-24 0.092 0 0.150 0 0.009 0.005 -0.073 0.000
Age 25-29 0.063 0 0.066 0 -0.020 0.000 -0.191 0.000
Age 30-34 0.031 0 0.013 0
Age 35-39 0.018 0 -0.011 0
Age 40-44 0.007 0 -0.029 0
Age 45-49 -0.002 0.14 -0.040 0
Age 50-54 -0.003 0.034 -0.043 0
Age 55-59 -0.009 0 -0.053 0
Age 60-64 -0.020 0 -0.072 0
Recession 0.031 0 0.066 0 0.055 0.000 0.120 0.000
ISCED 1 0.004 0 0.008 0 -0.003 0.344 -0.008 0.077
ISCED 2 0.000 0.804 0.003 0.123 0.013 0.002 0.038 0.000
ISCED 3 -0.001 0.042 -0.003 0 -0.008 0.002 0.004 0.272
ISCED 4 -0.001 0.107 0.001 0.3 -0.011 0.001 0.028 0.000
ISCED 5 -0.023 0 -0.037 0 -0.020 0.000 0.032 0.000
ISCED 6 -0.027 0 -0.055 0 -0.043 0.029 -0.069 0.022
Other EU -0.024 0 -0.016 0 -0.061 0.000 -0.064 0.000
Accession States -0.013 0 0.009 0 -0.043 0.000 -0.051 0.000
Other nationality -0.012 0 -0.003 0.275 -0.038 0.000 -0.042 0.000
Female 0.044 0 0.068 0 0.073 0.000 0.111 0.000
n = 993578   993578   188286   188286
Pseudo R2 = 0.066   0.082   0.038   0.055
obs. P 0.059   0.116   0.109   0.235
pred P 0.048   0.098   0.101   0.222
1. Notes. In column 1, the dependent variable is 1 if unemployed for at least a year and zero if employed or unemployed for less than a year. In column 2, the dependent variable is 1 if unemployed and zero if employed. Columns 3 and 4 follow the same rules, respectively, but the dataset is restricted to those aged 16-29. ISCED (International Standard Classification of Education) levels broadly correspond to: 0 = Pre-primary education; 1 = Primary education or first stage of basic education; 2= Lower secondary education or second stage of basic education; 3 = Upper secondary education; 4 = Post-secondary non-tertiary education; 5 = First stage of tertiary education and 6 = Second stage of tertiary education. So a higher ISCED number implies more education.
2. Omitted categories – Age 15-19, ISCED 0, Greek.