x

Economy

Report: Greek Unemployment Rate Up in Q1

ATHENS — Greek unemployment rate rose to 17.1 pct of the workforce in the first quarter of 2021 from 16.2 pct in the same period last year and in the fourth quarter of 2020, with the number of unemployed people totaling 745,414, Hellenic Statistical Authority said on Monday.

In a report, the statistics service said that a 58.4 pct of them were unemployed for more than 12 months (long-term unemployed) while first-time unemployed accounted for 19.8 pct. The percentage of unemployed people not registered with the Manpower Employment Authority was 18.6 pct, while those receiving unemployment benefit totaled 16.4 pct.

The unemployment rate among women was 21.3 pct and among men 13.7 pct. The 15-19 age group recorded the highest unemployment rate (60.2 pct), followed by the 20-24 age group (41.4 pct), the 25-29 group (31.4 pct), the 30-44 group (16.6 pct), the 45-64 group (12 pct) and the over-65 age group (9.2 pct). Among the country's regions, Central Greece recorded the highest unemployment rate (22.7 pct), followed by South Aegean (22.4 pct), Crete (22.3 pct), East Macedonia-Thrace (21.4 pct), West Macedonia (20.5 pct), Thessaly (19.6 pct), Epirus (19.5 pct), Central Macedonia (18.9 pct), West Greece (18.8 pct), Ioinian Islands (16.4 pct), Peloponnese (14.2 pct), North Aegean (14 pct) and Attica (13 pct).

The number of employed people totaled 3,625,061 in the first quarter, down 6.5 pct from the previous quarter and down 5.9 pct compared with the same period in 2020. A 67.1 pct of employed people were wage earners, self-employed accounted for 22.3 pct, down 7.7 pct and 12.9 pct, respectively, compared with the previous quarter. Part-time employment was 7.8 pct, with the percentage of people with temporary jobs was 6.1 pct. Part-time employment was down 6.4 pct from the previous quarter and down 22.7 pct from 2020.

RELATED

SINTRA, Portugal — The head of the European Central Bank said Tuesday that it will move gradually to combat soaring consumer prices with interest rate hikes in July and September but will keep its options open to "stamp out" inflation if it surges faster than expected.

Top Stories

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

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.

General News

PHILADELPHIA – The Federation of Hellenic Societies of Philadelphia and Greater Delaware Valley announced that the Evzones, the Presidential Guard of Greece will be participating in the Philadelphia Greek Independence Day Parade on March 20.

Video

Mission…to Alonnisos, a TNH Documentary

O oceanic you sing and sail White on your body and yellow on your chimeneas For you're tired of the filthy waters of the harbors You who loved the distant Sporades You who lifted the tallest flags You who sail clear through the most dangerous caves Hail to you who let yourself be charmed by the sirens Hail to you for never having been afraid of the Symplegades (Andreas Empeirikos)   What traveler has not been fascinated by the Greek islands, drawn by the Sirens’ song of a traveler’s dreams? TNH and our video show ‘Mission’ marked the change of the season by transporting viewers into the heart of summer.

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.