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GreeceBusinessELSTAT announces unemployment rate of 10.6% in Greece in May

ELSTAT announces unemployment rate of 10.6% in Greece in May

Hellenic News of America
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The seasonally adjusted unemployment rate in Greece in May 2024 was 10.6%, compared to the upwards revised 11.2% in May 2023 and to the downwards revised 10.7% in April 2024.

The number of unemployed persons amounted to 504,924, decreased by 21,707 persons as compared with May 2023 (-4.1%) and by 11,472 persons compared with April 2024 (-2.2%).

The unemployment rate for women was 13.8%, down from 14.6% in May 2023, while for men it stood at 8.1%, down from 8.4% the previous year. The unemployment rate per age group was 23.8% for those aged 15-24, down from 25.2% in May 2023, and dropped to 9.9% for those aged 25-74, down from 10.3%.

The number of employed persons amounted to 4,249,074 persons, increased by 53,313 persons as compared with May 2023 (1.3%) and decreased by 63,083 persons compared with April 2024 (-1.5%)

The number of persons outside the labour force, i.e., persons under the age of 75 who neither work nor look for a job, amounted to 3,026,511, decreased by 54,608 persons as compared with May 2023 (-1.8%) and increased by 72,256 persons compared with April 2024 (2.4%).

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SOURCE; ANA-MPA

The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

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