Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Greek jobless rate drops to 15.8% in second quarter

Published 16/09/2021, 10:21
Updated 16/09/2021, 10:27
© Reuters. FILE PHOTO: People make their way outside the headquarters of the Bank of Greece in Athens, Greece, September 3, 2020. REUTERS/Alkis Konstantinidis

ATHENS (Reuters) - Greece's jobless rate fell to 15.8% in the second quarter from 17.1% in the first three months of 2021, data by the country's statistics service ELSTAT showed on Thursday.

About 61% of Greece's 732,544 jobless are long-term unemployed, meaning they have been out of work for at least 12 months, the figures showed.

Greece's highest unemployment rate was recorded in the first quarter of 2014, when joblessness hit 27.8%.

The data showed that women and young people in the 15-19 age group were most affected among the jobless. The jobless rate for women was 19.9% versus 12.4% for men, while for people aged 15-19 it stood at 51.8%.

Athens has already published monthly unemployment figures through July, which differ from quarterly data because they are based on different samples and are seasonally adjusted.

Quarterly figures are not seasonally adjusted.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.