The Greek statistics authority ELSTAT has published its latest divs on the labor force, according to which the rate of unemployment rose to 26.1% in the fourth quarter of 2014, from 25.5% in the third quarter of the same year.
ELSTAT’s published divs show that in the fourth quarter (October to December) there a total of 3,535,274 were employed, while 1,245,854 were unemployed. Unemployment affects women (29.6%) harder than it affects men (23.3%), even amongst young people (51.5%), where 56.9% of women aged 15 to 24 are out of a job.
Of the 1,245,854 unemployed, 16% reported that they were exclusively seeking full-time employment, while 78.1% claimed that while preferring full-time employment would settle for a part-time job. The remaining 5.9% either sought out a part-time or was not bothered if it was full or part-time.
About 6.1% of those registered as unemployed rejected a job offer, primarily because the location was unsuitable (25.3%), the working hours were unfavorable (20.2%) or payment was not enough (19.7%).
ELSTAT’s full, detailed divs and tables are available online.
