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  • Eurostat documents 25.2% unemployment rate in Greece for June

    The European statistics authority Eurostat has revealed that the rate of unemployment in Greece increased to 25.2% in June…

    The European statistics authority Eurostat has revealed that the rate of unemployment in Greece increased to 25.2% in June, from 25% in May. Meanwhile, the rate of unemployment in the EU and Eurozone remained stable – 9.5% and 11% respectively.

    In June there were 1.205 million unemployed, with the joblessness rate being 21.7% among men and 29.5% among women. Youth unemployment dropped from 51.4% in May to 48.3% in June.

    In total, there were about 23 million unemployed in the European Union and 17.6 million in Eurozone member states, in August. There are no statistics yet for Greece during August.

    In August the highest rates of unemployment were documented in Greece (25.2% in June), followed by Spain (22.2%). Conversely, the lowest unemployment rates were documented in Germany (4.5%), the Czech Republic (5%0 and Malta (5.1%).

    As for youth unemployment in August, the rate in the European Union remained stable at 20.4%, while in Eurozone members it increased slightly from 22.2% in July to 22.3% in August. Spain tops the list (48.8%), followed by Greece (48.3% in June), Croatia (43.5%) and Italy (40.7%). The lowest rates were documented in Germany (7%), Austria (10.8%), the Netherlands (11.2%), Denmark (11.4%) and Estonia (11.5%).

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