x

Economy

Greek Unemployment Rate in February 2020 at 16.1%

ATHENS – The seasonally adjusted unemployment rate in February 2020 was 16.1% compared to 18.4% in February 2019 and to the downward revised 16.2% in January 2020, the Hellenic Statistical Authority (ELSTAT) announced on Thursday.

The number of employed in February 2020 amounted to 3,888,595 persons. The number of unemployed amounted to 745,948 while the number of inactive to 3,269,459. The number of employed persons increased by 14,451 persons compared with February 2019

(a 0.4% rate of increase) and decreased by 28,467 persons compared with January 2020 (a 0.7 rate of decrease).

The number of unemployed persons decreased by 125,419 persons compared with February 2019 (a 14.4% rate of decrease) and by 13,527 persons compared with January 2020 (a 1.8% rate of decrease).

The number of inactive persons, i.e., persons that neither work nor look for a job, increased by 66,100 persons compared with February 2019 (a 2.1% rate of increase) and by 39,473 persons compared with January 2020 (a 1.2% rate of increase).

In women, the unemployment rate (19.9% in February 2020 from 23% in February 2019) remains significantly higher than that in men (13.1% from 14.7%).

In terms of age, the highest percentages were recorded in the groups of 15-24 years (35.6% in February 2020 from 36.5% in February 2019) and 25-34 years (21.8% from 25.2%).

In terms of regions, in the first three positions are Epirus-Western Macedonia (21% in February 2020 from 21.2% in February 2019), Macedonia-Thrace (18.4% from 18.9%) and Thessaly- Central Greece (17% from 18.6%). They are followed by the Peloponnese – Western Greece – Ionian Islands (15.3% from 19%), Attica (14.5% from 18.3%), Crete (13.8% from 12.3%) and the Aegean. (13.6% from 18.3%).

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

A Palestinian Baby in Gaza is Born an Orphan in an Urgent Cesarean Section after an Israeli Strike

RAFAH, Gaza Strip (AP) — Sabreen Jouda came into the world seconds after her mother left it.

PHOENIX — An Arizona grand jury has indicted former Donald Trump chief of staff Mark Meadows and lawyer Rudy Giuliani along with 16 others in an election interference case.

AUSTIN, Texas (AP) — Police peacefully arrested student protesters at the University of Southern California on Wednesday, hours after police at a Texas university violently detained dozens in the latest clashes between law enforcement and those protesting the Israel-Hamas war on campuses nationwide.

ATHENS, Greece — A far-right Greek lawmaker has been charged with criminal assault for allegedly punching a colleague on the sidelines of a parliamentary debate Wednesday.

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.