x

Economy

Greek Unemployment Rate Eased to 16.8% of the Workforce in August

November 5, 2020

ATHENS — The Greek unemployment rate eased to 16.8 pct in August from 16.9 pct in the same month last year and 17.0 pct in July 2020, Hellenic Statistical Authority said on Thursday. The statistics service, in a monthly report, said that the number of unemployed people totaled 771,325 in August, down 3.6 pct from August 2019 and down 1.8 pct from July 2020. However, the unemployment rate rose significantly in the 15-34 age group.

The number of employed people totaled 3,821,239 in August, down 2.5 pct from August 2019 and off 0.5 pct from July. The unemployment rate among women was 20.2 pct from 21 pct in 2019, while among men it rose to 14.1 pct from 13.7 pct, respectively. The 15-24 age group recorded the highest unemployment rate (39.3 pct in August from 34.5 pct in August 2019), followed by the 25-34 age group (24.4 pct from 22.4 pct), the 35-44 age group (13.9 pct from 14.8 pct), the 45-54 group (13.2 pct from 14 pct), the 55-64 age group (12 pct from 12.7 pct) and the 65-74 age group (6.5 pct from 9.4 pct). Among the country's regions, Crete (20.1 pct from 11.9 pct in 2019) was at the top followed by Peloponnese-Western Greece-Ionian Islands (19.2 pct from 17 pct), Epirus-Western Macedonia (19.1 pct from 19.9 pct), Macedonia-Thrace (18.7 pct from 18.5 pct), Thessaly-Central Greece (18.2 pct from 21.2 pct), Aegean (15 pct from 14.5 pct) and Attica (13.8 pct from 16.2 pct).

RELATED

ATHENS - S&P credit rating agency upgraded Greece’s outlook to 'positive' from 'stable' on Friday, April 19, 2024 while maintaining the investment-grade rating of BBB-.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

Over 100 Pilot Whales Beached on Western Australian Coast Have Been Rescued, Officials Say

MELBOURNE, Australia (AP) — More than 100 long-finned pilot whales that beached on the western Australian coast Thursday have returned to sea, while 29 died on the shore, officials said.

On Monday, April 22, 2024, history was being written in a Manhattan courtroom.

PARIS - With heavy security set for the 2024 Paris Olympic Games during a time of terrorism, France has asked to use a Greek air defense system as well although talks are said to have been going on for months.

WASHINGTON (AP) — A tiny Philip Morris product called Zyn has been making big headlines, sparking debate about whether new nicotine-based alternatives intended for adults may be catching on with underage teens and adolescents.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

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