Greece still maintains highest unemployment rate in Europe

Greece still maintains highest unemployment rate in Europe 1

Greece still maintains highest unemployment rate in Europe 2
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.