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  • ELSTAT: Rate of unemployment drops to 25.7% in January

    The Greek statistics authority ELSTAT has published its latest figures on the country’s labor force, according to which the rate…

    The Greek statistics authority ELSTAT has published its latest figures on the country’s labor force, according to which the rate of unemployment retreated to 25.7% in January 2015, from 25.9% in December 2014.

    In January ELSTAT documented 3,534,594 were employed, while 1,220,828 were unemployed and a further 3,350,597 were economically inactive – persons that neither worked neither looked for a job.

    The number of employed increased by 36,781 persons compared with January 2014 (a 1.1% rate of increase) and by 2,306 persons compared with December 2014 (a 0.1% rate of increase).

    Unemployed decreased by 87,228 persons (a 6.7% rate of decrease) compared with January 2014 and by 13,435 persons compared with December 2014 (a 1.1% rate of decrease).

    Inactive persons decreased by 2,824 persons (a 0.1% rate of decrease) compared with January 2014 and increased by 6,593 persons compared with December 2014 (a 0.2% rate of increase).

    ELSTAT’s full set of statistics are available online.

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