x

Economy

Greek Unemployment Rate Eased to 16.3% in December

March 5, 2020
ANA

ATHENS – The Greek unemployment rate eased to 16.3 pct of the workforce in December 2019 from 16.5 pct in November and 18.5 pct in December 2018, Hellenic Statistical Authority said in a report on Thursday. The statistics service, in a monthly report, said the number of unemployed people totaled 758,886 in December, down 114,584 compared with the same month in 2018 (-13.1 pct) and down by 6,340 (-1.6 pct) compared with November 2019. The number of employed people totaled 3,898,007, up 1.4 pct from December 2018 and down 0.2 pct from November 2019.

The unemployment rate among women was 20.2 pct in December (23.5 pct in December 2018), significantly higher compared with the unemployment rate among men (13.2 pct from 14.6 pct). The 15-24 age group recorded the highest unemployment rate (34.7 pct in December from 39.4 pct in December 2018), followed by the 25-34 age group (22.2 pct from 24.4 pct), the 35-44 age group (15 pct from 16.3 pct), the 45-54 age group (12.9 pct from 15.1 pct), the 55-64 age group (12.3 pct from 14.4 pct) and the 65-74 age group (8.7 pct from 9.8 pct).

Among the country’s regions, the highest unemployment rate was recorded in Epirus-Western Macedonia (19.8 pct in December from 21.2 pct in December 2018), followed by Macedonia-Thrace (18.4 pct from 18.9 pct), Thessaly-Central Greece (17.3 pct from 19 pct), Peloponnese-Western Greece-Ionian Islands (16.1 pct from 18.6 pct), Attica (16.1 pct from 18.8 pct), Aegean (13.7 pct from 20.6 pct) and Crete (11.3 pct from 9.7 pct).

RELATED

BRUSSELS — Euro finance chiefs on Monday engaged in a high-wire political balancing act prompted by conflicting economic forces: a weaker growth outlook and stronger inflation.

Top Stories

United States

I’ve only ‘met’ Zaferios G Caragianades once in the pages of history.

Politics

Ambassador Dimitrios Tsikouris (JD, MA) has a 36-year-long career in the Greek Diplomatic Service with assignments in Germany, the United Nations, New Orleans, Washington, DC, NATO Defense College in Rome, Italy, Iran, Belgium, Indonesia, Malaysia, and ASEAN.

Politics

ATHENS – Growing violence on Greek campuses will be dealt with, Prime Minister Kyriakos Mitsotakis said in a pledge to root out offenders who are allowed to stay in school despite causing problems.

Video

Jill Biden: I Didn’t Expect “Healing Role” as First Lady

LAS VEGAS — Her husband campaigned to help unite the country, but Jill Biden says "healing" a nation wounded by a deadly pandemic, natural and other disasters and deep political polarization is among her chief roles as first lady, too.