Greek unemployment rises slightly to 23.4% during August

Greek unemployment rate rose to 23.4 pct of the workforce in August from 23.3 pct in July, Eurostat said on Thursday.

The EU executive’s statistics office, in a report released here, said the unemployment rate in the Eurozone eased to 9.8 pct in October from 9.9 pct in August while in the EU-28 the unemployment rate fell to 8.3 pct from 8.4 pct over the same months, respectivey. The unemployment rate in the Eurozone and the EU-28 was 10.6 pct and 9.1 pct in October 2015 (there are no figures for Greece in September and October).

The number of unemployed people amounted to 20.448 million in the EU and 15.9 million in the Eurozone. Greece recorded the highest unemployment rate (23.4 pct in August), followed by Spain (19.2 pct), while Czech Republic (3.8 pct) and Germany (4.1 pct) the lowest unemployment rates.

In Greece, the number of unemployed people totaled 1.12 million. The unemployment rate among young people (aged below 25 years old) was 46.5 pct in August and among women 28 pct. The unemployment rate among young people was 20.7 pct in the Eurozone and 18.4 pct in the EU-28 in October.

Read more here.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

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