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  • Eurostat registers slight drop in August Greek unemployment

    Greece has the highest unemployment rate in the EU, with its 20.6 percent in August, followed by Spain’s 16.7 percent in the same month.

    ΤοΒΗΜΑ Team

    Unemployment in Greece shaped up at 20.6 percent in August, a 0.3 percent drop from the 20.9 percent figure in July, according to data released today by Eurostat.

    According to the same figures, Greece and Cyprus had the biggest reduction in unemployment compared to last year, with Greece going from 23.4 percent to 20.6 percent, and Cyprus dropping from 13.1 percent to 10.2 percent.
    There were 984,000 unemployed in Greece in August.

    The unemployment rate among women (24.9 percent) was considerably higher than among men (17.2 percent).
    Youth unemployment (under 25 years of age) remains at astronomical levels, though here too there was a slight drop, from 41.4 percent in July, to 40.2 percent for August.

    In the eurozone overall, unemployment reached the lowest levels since 2009, and the lowest level since November, 2008, in the EU overall.

    The number of unemployed in the EU overall was 18.243 million, and in the eurozone 14.344 million.

    Greece champion in unemployment

    Greece has the highest unemployment rate in the EU, with its 20.6 percent in August, followed by Spain’s 16.7 percent in the same month.

    The three countries with the lowest unemployment rates were the Czech Republic (2.7 percent), Malta (3.5 percent), and Germany (3.6 percent).

    Greece had the highest rate of youth unemployment in the EU, with 40.2 percent in August, followed by Spain with 38.2 percent, and Italy with 34.7 percent.

    The lowest rates of youth unemployment are in Germany (6.6 percent) and the Czech Republic (7.2 percent).
    Overall youth unemployment in September was 18.6 percent in the eurozone, and 16.5 percent in the EU overall.

    International
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    Helios Kiosk