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Greek jobless rate drops to 15.8% in second quarter By Reuters

by Mike Robinson

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© Reuters. FILE PHOTO – People walk past the Bank of Greece headquarters in Athens (Greece), September 3, 2020. REUTERS/Alkis Konstantinidis

ATHENS (Reuters) – Greece’s jobless rate fell to 15.8% in the second quarter from 17.1% in the first three months of 2021, data by the country’s statistics service ELSTAT showed on Thursday.

The figures show that 61% of Greece’s 732 544 jobless have been unemployed for more than 12 months.

The highest rate of unemployment in Greece was 27.8% during the first quarter 2014.

Data showed that the highest number of jobless were young adults aged 15-19 and women. For women, the unemployment rate was 19.9% and 12.4% respectively. It stood at 51.8% for those aged between 15 and 19 years.

Athens published its monthly unemployment data through July. These figures differ from the quarterly ones because they were based upon different sampling and seasonally adjusted.

Seasonally adjusted quarterly figures do not exist.

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