Greek Unemployment in July Remained Unchanged at 25%



unemploymentGreek unemployment rate fell to 25% of the workforce in July this year, down 1.3 points compared with July 2014, but unchanged from June, Hellenic Statistical Authority said on Thursday.

The statistics service, in a report, said that the number of unemployed people totaled 1,196,736 in July.

The big problem still remained the very high unemployment rates in productive age groups, while people aged around 50 years old continued losing their jobs finding it very difficult to return to employment again.

The seasonally-adjusted unemployment rate was 25% in July, from 26.3% in July 2014, with the number of unemployed people falling by 71,421 compared with July 2014 and by 1,863 from June 2015.

The number of employed people totaled 3,591,407, up 33,506 from July 2014 and down 508 compared with June this year. The economically non-active population totaled 3,296,280 in July, down 10,248 from July 2014 and by 1,984 compared with June 2015.

The unemployment rate among women was 29.4% in July (from 30% in July 2014), while among men it fell to 21.5% from 23.3%.

The age group 15-24 recorded the highest unemployment rate (48.6% in July, 49.5% in July 2014), followed by the 25-34 age group (32.2% – 35.1%), the 35-44 age group (22.5% – 22.7%), the 45-54 age group (19.7% from 20. 3%), the 55-64 age group (17.8% from 16.6%) and the 65-74 age group (11.4% from 11.3%).

Epirus-Western Macedonia recorded the highest unemployment rate among the country’s regions (27.1% in July from 27% in July 2014), followed Peloponnese-Western Greece-Ionian Islands (26.6% from 25.6%), Thessaly-Central Greece (26.2% from 26%), Attica (24.8% from 27%), Macedonia-Thrace (24.7% from 27.1%), Crete (24.7% from 23.5%) ad Aegean (18.4% from 20.8%).

(Source: ANA-MPA)