Eurostat documents marginal drop of unemployment in Greece
According to the latest data published by the European statistics authority Eurostat, the rate of unemployment in Greece in June…
According to the latest data published by the European statistics authority Eurostat, the rate of unemployment in Greece in June was 27%, down from 27.1% in May. Greece continues to have the highest rate of unemployment in Europe, while Austria (4.7%) and Germany (4.9%) have the lowest.
Furthermore, Eurostat’s data indicates that there were 1.3 million unemployed in June, with unemployment affecting 23.8% of men, 31.1% of women and 51.5% of people under the age of 25.
The average rate of unemployment for August in the Eurozone was found to be unchanged at 11.5%, while amongst EU members the rate dropped to 10.1% from 10.2%. Eurostat does not currently have data on unemployment in Greece for July and August.
In total, there were 24.6 million unemployed in the EU and 18.3 million in the Eurozone during August. Compared to July, there were 134,000 fewer unemployed in the EU and 137,000 fewer unemployed in the Eurozone.