ELSTAT: Rate of unemployment retreats to 23.2% in July
The Greek statistics authority ELSTAT has published its latest survey on the country’s labor force for in July 2016, which shows that the rate of unemployment was 23.2%, compared to 24.8% in July 2015 and 23.4% in June 2016. The number of employed amounted to 3,703,828 persons, the unemployed amounted to 1,120,843 while the number of inactive to 3,220,780.
The number of employed increased by 80,663 persons compared to July 2015 (+2.2%) and by 14,617 persons compared with to 2016 (+0.4%). Unemployed decreased by 76,727 persons (-6.4%) compared to July 2015 and by 5,395 persons compared to June 2016 (-0.5%). Inactive persons – that is, persons that neither worked neither looked for a job – decreased by 42,919 persons (-1.3%) compared to July 2015, and by 12,597 persons compared to June 2016 (-0.4%).
You may be interested
Ouzo: The uplifting Greek Drink!Panos - Sep 22, 2017
Ouzo drink with its strong anise flavour and with a little hint of Greece is a clear drink which gets…
Why do Greeks never toast with glasses of water?Panos - Sep 22, 2017
If you ever find yourself amongst Greeks during a celebration and you happen to notice they never toast with a…
TTF to sell northern Greece photo-voltaic parks to Chinese multinational SPI Energy Ltd.Panos - Sep 22, 2017
The Thermi Taneo venture capital fund (TTF) this week announced an agreement to set photo-voltaic parks in Greece with a…