Hellenic Statistical Authority: Unemployment in Greece Eased to 24.1% in March

Standing around in front of Greece's unemployment office has become a job for many

Greek unemployment rate eased to 24.1 pct of the workforce in March, from 24.2 pct in February and 25.7 pct in March last year, Hellenic Statistical Authority said on Thursday.

The statistics service, in a report, said that the number of unemployed people in the country totaled 1,153,232, with the unemployment rate in the 15-24 age group at 50.4 pct and in the 25-34 age group at 30.6 pct.

The number of unemployed people fell by 68,045 in March compared with the same month last year (a decline of 5.6 pct) and by 0.4 pct compared with February 2016. The number of employed people totaled 3,623,234, up 87,296 compared with March 2015 (+2.5 pct) and up 1,632 compared with February.

The number of economically non-active people totaled 3,281,503, down 1.8 pct from March 2015 and unchanged from February.

The unemployment rate among women was 28.8 pct in March, from 29.4 pct in March 2015, while among men it fell to 20.4 pct from 22.6 pct over the same period, respectively.

The 15-24 age group recorded the highest unemployment rate (50.4 pct in March from 52.1 pct in March 2015), followed by the 25-34 age group (30.6 pct from 33.7 pct), the 35-44 age group (21.2 pct from 23.1 pct), the 45-54 age group (20 pct from 20.3 pct), the 55-64 age group (18.6 pct from 18.9 pct) and the 65-74 age group (11.8 pct from 10.9 pct).

Source: ANA MPA