Greek unemployment was unchanged at 11.6% in December

Greek unemployment rate

Greece’s jobless rate stood at 11.6% in December, unchanged from an upwardly revised 11.6% in November, data from statistics service ELSTAT showed on Wednesday.

Seasonally adjusted data showed 545,372 people were officially unemployed, with those under the age of 24 the hardest hit.

The reading was the lowest recorded since January 2010 – at the start of Greece’s decade-long economic crisis – following the revision of last month’s figure. Unemployment reached a peak in the summer of 2013 and has been falling steadily since.

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