Greek Jobless Rate Edges Up to 20.2% in April



The Greek seasonally adjusted unemployment rate increased to 20.2 percent in April 2018 from 20.1 percent in the previous month.

Compared with the previous month, the number of unemployed decreased by 0.8 percent to 949.7 thousand while the number of employed fell by 1.1 percent to 3.76 million.

A year ago, the unemployment rate was recorded at 21.7 percent. The number of unemployed persons went down by 9.0 percent while employment was barely unchanged.

Unemployment decreased among all age groups but weighed more in the 15-24 age group (42.3 percent from 44.2 percent in April 2017) and the 25-34 age group (25.4 percent from 27.5 percent). Lower rates were also seen in the 35-44 age group (18.4 percent from 19.2 percent); the 45-54 age group (16.7 percent from 17.1 percent); 55-64 age group (15.6 percent from 18.6 percent) and the 65-74 age group (11.0 percent from 11.7 percent).  

By genders, the jobless rate was significantly lower for men (16.5 percent from 18.2 percent) than for women (24.7 percent from 26.1 percent).

Across the country's regions, the lowest unemployment rates were registered in Crete (11.6 percent), followed by Thessaly – Sterea Ellas (18.6 percent) and Aegean Islands (19.5 percent); whereas Epirus-Western Macedonia recorded the highest rate (25.5 percent). 

Greek Jobless Rate Edges Up to 20.2% in April


ELSTAT | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
7/12/2018 10:38:40 AM