Greek Unemployment Rate at 16 % of Workforce in January

ATHENS — The Greek unemployment rate eased to 16 pct of the workforce in January this year, from 16.4 pct in January 2020, but up from 15.6 pct in December 2020, Hellenic Statistical Authority said on Monday. More specifically, the number of unemployed people totaled 714,809 in the first month of 2021, down 7.4 pct from January 2020, while the number of employed people totaled 3,760,313, down 4.1 pct on a year-on-year basis and down 3.1 pct compared with December 2020.

People not seeking jobs totaled 3,401,682, up 188,842 compared with January 2020 and up 3.6 pct from December 2020. The unemployment rate among women was 19.8 pct, while among men it was 13.1 pct. Among the age groups, the 15-24 age group recorded the highest unemployment rate (43.4 pct in January from 31.9 pct in January 2020) and the 25-74 age group recorded an unemployment rate of 14.5 pct, down from 15.5 pct in January last year.


ATHENS - While Greeks pay income taxes up to 45 percent the government is going ahead with plans to tax multinational companies in the country at a rate of 15 percent, anticipating it will bring in 80 million euros ($86.

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