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Economy

Greek Unemployment Rate Eased to 16.2% in November 2020

February 11, 2021

ATHENS — The Greek unemployment rate eased to 16.2 pct of the workforce in November 2020, down from 16.4 pct in October and 16.6 pct in November 2019, Hellenic Statistical Authority said on Thursday. The statistics service, in a monthly report, said that the number of unemployed people in the country totaled 753,494 in November, down 27,832 from November 2019 (a decline of 3.6 pct) and down 15,849 from October 2020 (-2.1 pct)

The number of employed people totaled 3,894,030 in November, down 27,159 from November 2019 (-0.7 pct) and down 24,523 from October 2020 (-0.6 pct). The unemployment rate among women was 20 pct in November 2020 (from 20.3 pct in November 2019), while among men it eased to 13.2 pct from 13.7 pct. The 15-24 age group recorded the highest unemployment rate (34 pct in November from 35.4 pct in November 2019), followed by the 25-34 age group (24 pct from 22.4 pct), the 35-44 age group (14 pct from 14.8 pct), the 45-54 age group (12.7 pct from 13.4 pct), the 55-64 age group (11.4 pct from 12.2 pct) and the 65-74 age group (9.9 pct from 9.8 pct).

Among the country's regions, Epirus-Western Macedonia recorded the highest unemployment rate (19.5 pct in November 2020 from 19.9 pct in November 2019), followed by Aegean (17.8 pct from 16.3 pct), Macedonia-Thrace (17.4 pct from 18.8 pct), Thessaly-Central Greece (17.1 pct from 18.2 pct), Peloponnese-Western Greece-Ionian Islands (16.7 pct from 16.5 pct), Crete (15 pct from 12.2 pct) and Attica (14.1 pct from 15.6 pct).

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