x

Economy

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.

RELATED

The continuation of the pandemic continues to raise hurdles in forecasting the short-term trend of the country's Gross Domestic Product, but based on available data the Greek GDP is expected to rise by 5,2% in the first half of 2022 (7% in the first quarter and 3.

Top Stories

Society

ATHENS — A severe weather front has hit Greece, with below-freezing temperatures and snowfall in many parts of the country, including the capital Athens and many Aegean islands.

Events

BROOMALL, PA – The community of St Luke in Broomall held the annual cutting of the Vasilopita event on January 23.

Society

ATHENS – Women in Greece – those who survive – are coming out to report domestic violence that has become endemic in the county, with 5,705 cases in the first 10 months of 2021, when there was a rash of femicide.

Video

Biden Caught on Hot Mic Swearing at Fox News Reporter

WASHINGTON — President Joe Biden responded to a question about inflation by calling a Fox News reporter a vulgarity.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.