Greece still struggling with high unemployment

Greek unemployment

Greek unemployment

The Hellenic Statistical Authority released the latest unemployment figures on Thursday noting a small decrease from 22.1% in March 2017 to 20.1% March 2018.

According to the data the number of unemployed people were 956,260, inactive at 3,236,664 and employed at 3,793,934 persons. 

The number of employed persons increased by 74,890 persons compared with March 2017 and by 47,085 persons compared with February 2018.

The number of unemployed persons decreased by 101,576 persons compared with March 2017 (a 9.6 % rate of decrease) and by 14,591 persons compared with February 2018 (a 1.5 % rate of decrease).

The number of inactive persons, i.e., persons that neither work nor look for a job, decreased by 8,567 persons compared with March 2017 and by 35,972 persons compared with February 2018.

GCT Team

This article was researched and written by a GCT team member.

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