Greece Tops EU with Highest Rate of Youth Unemployment

youth unemployment

Greece has topped the list as the EU country with the highest youth unemployment rate for the month of May, 2021 according to Eurostat data published on unemployment for the period.

The unemployment rate for youth (under 25) in Greece fell to 38.2% in May from 49.8% in April.

Second on the list was Spain with a youth unemployment rate of 36.9%, followed by Italy and Sweden at 31.7% and 25.6% respectively.

The youth unemployment (under 25) rate in the EU was 17.3% in May 2021, down from 18.2% last month.

The unemployment rate in Greece decreased to 15.4% in May 2021, compared to 17.2% in the previous month and 16.9% in May 2020, according to the Eurostat data on unemployment.

In May 2021, the unemployment rate in the euro area fell to 7.9%, from 8.1% in April, while in the EU unemployment fell to 7.3%, from 7.4% in April. In May 2020, unemployment in the euro area and the EU was 7.5% and 6.9%, respectively.

In May 2021, there were 15.278 million unemployed in the EU, of which 12.792 million in the euro area. Compared to April, the number of unemployed decreased by 382,000 in the EU and by 306,000 in the euro area.

Greece (15.4%), Spain (15.3%) and Italy (10.5%) have the highest unemployment rates in the EU. The lowest rates are recorded in the Netherlands and the Czech Republic (3.3%) and in Germany (3.7).

The unemployment rate for women was 7.6% in the EU, up from 7.8% in April, while the unemployment rate for men was 7.0% in May, up from 7.1% in April. In the euro area, the unemployment rate for women fell from 8.5% in April to 8.3% in May, while unemployment for men fell from 7.8% in April to 7.6% in May.

In Greece, the unemployment rate for women in May was 19.1% and for men 12.3%.

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