Unemployment in Greece Reaches Record Rate



unemploymentAccording to data released on Wednesday by the Greek Statistics Service, unemployment in Greece has reached the historical level of 27.4%.

Unemployment rate increased by 0.1% compared to August (27.3%) and by 1.4% compared to September, 2012 (26%).

The number of employed in September 2013 was estimated at 3,639,429 people. The unemployed amounted to 1,376,463 people, while the economically inactive population reached 3,327,859 people.

According to ELSTAT, the number of employed decreased by 54,128 people compared to September 2012 (drop of 1.5%) and increased by 5,397 persons compared to August 2013 (increase of 0.1%).

The unemployed increased by 77,161 people compared to September 2012 (increase of 5.9%) and by 14,023 people compared to August 2013 (increase of 1.0%).

Concerning the economically inactive population (persons who neither have nor looking for work) their number decreased by 25,175 people compared to September 2012 (drop of 0.8%) and by 5,296 people compared to August 2013 (drop of 0.2 %).

As reported, during the last four months there has been relative stability in the estimated seasonally adjusted unemployment rate, although further research is necessary to confirm that there is a significant change of employment and unemployment rates.

Among women, unemployment reached 31.4% , in men 24.5%, while people aged 15 to 24 years old are hit hardest (51.9%).

Finally, the biggest rates of unemployment were recorded in Epirus (30%) and Macedonia (30.4%).


9 COMMENTS

  1. According to data released on Wednesday by the Greek Statistics Service, unemployment in Greece has reached the historical level of 27.4%.

    The Junta Venizelos-Samaras continues to drag Greece into the abyss.
    The Junta Venizelos-Samaras is on it’s last legs.
    The Zionist puppet Junta Venizelos-Samaras will face judgement at the May 2014 Greek municipal and EU parliamentary elections.

  2. Unemployment numbers when they reach a high level as now tend to flatten out increasing in smaller increments which some politicians and finance ministers use to claim the economy is turning a corner. This should change however if or when the mobility scheme is ever implemented on public sector employees. We can expect another jump into the lower to mid 30 percentile.

  3. Ah,with Troika in town again, the Greek state propaganda machine is churning out again its ridiculous unemployment reports .Anyway the Greeks are unemployed because they are lazy and prefer to live on state unemployment benefits. Stop the unemployment benefits and make them take on the jobs the immigrants have now .Unemployment solved!

  4. “Greeks are unemployed because they are lazy and prefer to live on state unemployment benefits”

    Extreme nationalist Tedi once again spreading hateful negative stereotypes of Greeks. All those on this website that claim to be against fascism and racism, nowhere to be found.

  5. These fake “Greex” will rather die then work – they were created with loans, it’s their life essence. Without – they are gone.

  6. No. Isn’t the truth you negative stereotyping bigoted moron. Employeed Greeks on average work among the longest hours in Europe you imbecile.