Greek unemployment rate fell to 19 pct of workforce in July

Greek unemployment rate fell to 19 pct of the workforce in July from 19.1 pct in June and 20.9 pct in July 2017, Hellenic Statistical Authority said in a report released on Thursday.

The statistics service, in a monthly report, said the number of unemployed people totaled 879,861 in July, down 104,449 from July 2017 (a decline of 10.4 pct) and down 13,232 or 1.5 pct compared with June 2018. The number of employed people is estimated at 3,837,271, up 45,057 or 1.2 pct compared with July 2017, but down 32,616 or 0.8 pct compared with June 2018.

The unemployment rate among women was 23.7 pct in July from 25.2 pct in July 2017, while among men it fell to 15.1 pct from 17.5 pct. The highest unemployment rate was recorded in the 15-24 age group (37.9 pct in July from 41.1 pct in July 2017), followed by the 25-34 age group (23.7 pct from 26.3 pct), the 35-44 age group (17.2 pct from 18.8 pct), the 45-54 age group (16.2 pct from 16.7 pct), the 55-64 age group (14.5 pct from 17.8 pct) and the 65-74 age group (14.7 pct from 12.8 pct).

Among the country’s regions, Epirus-Western Macedonia recorded the highest unemployment rate (23.3 pct in July from 27 pct in July 2017), followed by Attica (20 pct from 21.3 pct), Macedonia-Thrace (19.3 pct from 21.3 pct), Thessaly-Central Greece (19 pct from 20.4 pct), Peloponese-Western Greece-Ionian Islands (18.3 pct from 20.9 pct), Aegean (17.3 pct from 16.6 pct) and Crete (12.5 pct from 16.6 pct).

Source ANA-MPA
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