Greek Unemployment Eases to 20.6% in January



The Greek unemployment rate eased to 20.6 pct in January from 20.8 percent in December 2017 and the upwardly revised rate of 23.2 percent in January 2017 the, Hellenic Statistical Authority said on Thursday.

The statistics service said that the number of unemployed people in the country totaled 977,222 in January, down by 126,430 compared with January 2017 (a decline of 11.5 percent) and down by 10,167 compared with December 2017 (a decline of 1.0 percent). The number of employed people totaled 3,755,427, up by 98,712 compared with January 2017 (an increase of 2.7 percent) but down 12,443 from December 2017 (a decline of 0.3 percent).

The unemployment rate among women was 25.6 percent in January, down from 27.6 percent in January 2017, while among men it fell to 16.7 percent from 19.6 percent respectively.

The 15-24 age group recorded the highest unemployment rate (42.3 percent in January 2018 from 47.1 percent in January 2017), followed by the 25-34 age group (26 percent from 29.4 percent), the 35-44 age group (19 percent from 20.1 percent), the 45-54 age group (16.5 percent from 18.1 percent), the 55-64 age group (16.5 percent from 19.9 percent) and the 65-74 age group (7.1 percent from 13.9 percent).

Among the country’s regions, Epirus-Western Macedonia recorded the highest unemployment rate (26.2 percent in January 2018 from 27.4 percent in January 2017), followed by Peloponnese-Western Greece-Ionian Islands (21.7 percent from 23.2 percent), Attica (21 percent from 22.5 percent, Macedonia-Thrace (20.2 percent from 23.5 percent), Aegean (19.8 percent from 18.9 percent), Thessaly-Central Greece (18.6 percent from 23.6 percent) and Crete (16.4 percent from 22.1 percent).

[Source ANA-MPA]