Unemployment rate in Greece drops for 9th straight month in September 2017

Unemployment in Greece recorded a noteworthy decrease in September 2017, compared to the same month in 2016, according to data supplied by the Greek statistics authority on Thursday.

All total, the unemployment rate in September 2017 stood at 20.5 percent, down from 23.2 percent during the corresponding month of 2016.

Compared to the immediately preceding month of August, a marginal drop of 0.2 percent was recorded, given that the unemployment rate for August 2017 was revised upwards to 20.7 percent from 20.6 percent.

The development marked the ninth consecutive month where the jobless rate fell,according to the statistics authority, EL.STAT.

In absolute numbers, registered unemployed people totaled slightly more than 981,000, which is 135,000 fewer people than in September 2016, or 12.1 percent lower.

The number of employed people increased by 105,773 people, comparing September to September, a rise of 2.9 percent; and 0.3 percent compared to the previous month, August 2017.

The number of employed people in Greece in September 2017 reached 3.8 million, up from 3.964 million in September 2016 – the largest number since the punishing economic crisis began in late 2009.  

Read more here.

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

Photo Source: Wikimedia Commons Copyright: EahJoseph License: CC-BY-SA

Source: naftemporiki.gr

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