Finance

Unemployment in Greece fell to 14.2% in July

The unemployment rate in Greece stood at 14.2% in July this year, compared to 16.8% in July 2020 and 15% in June 2021.

664,384 people are unemployed in Greece, meaning there has been a decrease of 108,058 people in relation to July 2020 (14%) and by 40,485 people compared to June 2021 (5.7%).

For women, the unemployment rate dropped to 18.7% from 20.2% in July 2020 and for men to 10.6% from 14.1%.

In the 15-24 age group, unemployment stood at 32.3%, down from 35.8% in July last year, while in the 25-74 age group it went to 13.3% from 15.9%.

According to the ELSTAT labor force survey, the number of employees amounted to 4,011,357 people, recording an increase of 182,886 people compared to July 2020 (4.8%) and 8,221 people compared to June 2021 (0.2 %).

People who are not working or looking for work amounted to 3,185,122 persons, recording a decrease of 105,080 persons compared to July 2020and an increase of 29,985 people compared to June 2021.

READ MORE: Hellenic Development Bank and Federation of Industries of Greece sign joint memorandum.

Ads1

Ads1
Athens Bureau

Recent Posts

U.S. Air Force Eyes Cyprus Airbase for Middle East Humanitarian Operations

The U.S. Air Force is assessing upgrades to Cyprus’ Andreas Papandreou Air Base to enhance…

1 hour ago

Greece to Enhance Strategic Military Capabilities with New Submarine Acquisition

Greece plans to acquire two submarines equipped with ballistic missiles, marking a major shift in…

2 hours ago

Mikel Coffee Gears Up for India Launch with Greko India Partnership

Greek coffee chain Mikel Coffee is set to enter the Indian market by partnering with…

2 hours ago

Roxana, the exotic Bactrian wife of Alexander the Great

Roxana, Alexander the Great's wife, was a significant figure in ancient history. She was born…

4 hours ago

Greece Introduces Law Prohibiting Gas Sales to Motorcyclists Without Helmets

Greece is set to introduce a new law prohibiting gas stations from selling fuel to…

4 hours ago

Greece and UAE Forge Partnership on Water Resource Management

Greece and the UAE are joining forces to address water resource management challenges, with a…

4 hours ago