Eurostat: Greece jobless rate at 19.5%

31 August 2018
144 Views

The EU’s statistical services, Eurostat, released its data for unemployment rates in July and Greece unsurprisingly tops the list with 19.5%, followed by Spain with 15.1% and Italy 10.4%.

With unemployment in the Eurozone standing at 8.2% in July 2018, Eurostat data show that it is the lowest rate in the euro area since November 2008. Unemployment in the European Union as a whole is even lower at 6.8 %.

The lowest unemployment was registered in the Czech Republic at 2.3%, Germany with 3.4% and Poland with 3.5%.

Youth unemployment, however, remains worrying. In July 2018, 3.325 million young people (under 25) were unemployed in the 28 members of the EU, of which 2.365 million are in the Eurozone.

Compared to July 2017, youth unemployment declined by 466,000 in the European Union and by 294,000 in the Eurozone. In July 2018, the youth unemployment rate was 14.8% in the EU28 and 16.6% in the euro area, compared with 16.8% and 18.7%, respectively in July 2017.

You may be interested

Syriza MPs attacked during the 17th November Polytechnic celebrations (video)
GREECE
shares46 views
GREECE
shares46 views

Syriza MPs attacked during the 17th November Polytechnic celebrations (video)

makis - Nov 16, 2018

A delegation of SYRIZA MPs that went to lay a wreath in honour of the “17th November Polytechnic” celebration was…

Greek Church Hierarchy rejects Tsipras-Ieronymos plan on clergy payment regime
GREECE
shares39 views
GREECE
shares39 views

Greek Church Hierarchy rejects Tsipras-Ieronymos plan on clergy payment regime

makis - Nov 16, 2018

The prelacy of the Greek Orthodox Church rejected the draft agreement between Greek PM Alexis Tsipras and Archbishop of Athens…

Gavdos, an island at the end of the Continent
GREECE
shares565 views
GREECE
shares565 views

Gavdos, an island at the end of the Continent

Panos - Nov 16, 2018

Described by Homer as the place where Odysseus shipwrecked on his way back from Troy, Gavdos is a remote island…

Leave a Comment

Your email address will not be published.