Greek unemployment rate fell to 18 pct of the workforce in December 2018

8 March 2019
147 Views

Greek unemployment rate fell to 18 pct of the workforce in December 2018, from 18.3 pct in November and 20.8 pct in December 2017, Hellenic Statistical Authority said in a report released on Thursday.

The statistics service said that employment grew in December, while unemployment among young people fell below 40 pct. The number of unemployed people totaled 851,556 in December, down 1.9 pct from November 2018, but down 14 pct compared with December 2017. The number of employed people totaled 3,868,241, up 0.1 pct from November 2018 and 2.8 pct from December 2017.

The unemployment rate among women was 23.1 pct in December form 26 pct in December 2017, while among men it was 14.1 pct from 16.7 pct respectively. The unemployment rate was higher among young people aged 15-24 years old (39.5 pct in December 2018 from 43.1 pct in December 2017), followed by the 25-34 age group (24.2 pct from 25.7 pct), the 35-44 age group (16.2 pct from 19.2 pct), the 45-54 age group (14.4 pct from 16.6 pct), the 55-64 age group (13.9 pct from 17.3 pct) and the 65-74 age group (8.7 pct from 11.9 pct).

Among the country’s regions, Epirus-Western Macedonia recorded the highest unemployment rate (21.1 pct from 26.1 pct in December 2017), followed by Aegean 19.6 pct from 20.4 pct), Thessaly-Central Greece (19 pct from 19.1 pct), Attica (18.5 pct from 21.3 pct), Macedonia-Thrace (18.5 pct from 20.8 pct), Peloponese-Western Greece-Ionian Islands (18.3 pct from 21.4 pct) and Crete (8.3 pct from 16.6 pct).

You may be interested

The must-visit churches in Athens
GREECE
shares407 views
GREECE
shares407 views

The must-visit churches in Athens

Panos - May 24, 2019

Most people visiting Athens know the city is packed with ancient ruins, archaeological sites, and museums. Turn a corner in…

Mustaches protect men from cancer, study says
GREECE
shares28 views
GREECE
shares28 views

Mustaches protect men from cancer, study says

Panos - May 24, 2019

For all of those men who view a mustache as a largely ornamental addition to their masculine appearance, a new…

Greek-American composer Olivia Hadjiioannou wins top award at Festival in Cannes
ART
shares33 views
ART
shares33 views

Greek-American composer Olivia Hadjiioannou wins top award at Festival in Cannes

Panos - May 24, 2019

Greek multi-instrumentalist and composer Olivia Hadjiioannou won the Best Music Video award for Red Lion in the inaugural French Riviera…

Leave a Comment

Your email address will not be published.