Greek Unemployment Rate Eases to 26.8 per cent in March

  • 2/10/2023
  • 23:44
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Athens, Sha'ban 07, 1435, June 05, 2014, SPA -- Greece's unemployment rate dropped slightly to 26.8 per cent in March from an upwardly revised 26.9 per cent in the previous month, dpa quoted the Statistical Agency ELSTAT as saying Thursday. Despite the drop, the rate was more than twice the eurozone average of 11.7 per cent in April. In total, 1.24 million people were out of work in Greece, it said. ELSTAT said unemployment among women and young people was the most severe with 58.3 per cent of people between 15 and 24 and 30.6 per cent of women jobless. Greece has implemented unpopular austerity measures demanded by international creditors in exchange for bailout loans. It remains in recession for the sixth-straight year. -- SPA 17:54 LOCAL TIME 14:54 GMT www.spa.gov.sa/w

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