Greece still maintains highest unemployment rate in Europe

italy greece debt rose in 2018 bucking euro zone trend says eurostat

italy greece debt rose in 2018 bucking euro zone trend says eurostat
According to a Eurostat report released on Tuesday, Greece still maintains the highest unemployment rate at 18.5% of the workforce in January 2019, from 18.4% in December, but down significantly from 20.6% in January 2018.

After Greece, Spain (14%) and Italy (10.2%) recorded the highest unemployment rates, while Czech Republic (1.9%) and Germany (3.2%) had the lowest rates.

Unemployed among young people aged up to 25 years old was at a staggering 39% in January 2019.

The number of unemployed people in Greece totalled 873,000 in January, with the unemployment rate among men at 14.5% and among women at 23.6%.

In the Eurozone, the unemployment rate was 7.7% of the workforce in March from 7.8% in February and 8.5% in March last year, while in the EU the unemployment rate was 6.4% in March from 6.5% in February and 7.0% in March 2018. The number of unemployed people in the Eurozone was 12.6 million in March, while in the EU it totalled 15.9 million.

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