Image default
Greek News

Jobless rate falls in May to 17.2%

Unemployment fell to 17.2% in May this year, from 19.4% in May 2018 and down from 17.4% in April 2019, according to data released by the Hellenic Statistical Authority (ELSTAT). One of the most positive figures is that the jobless rate among youth (24 y.o) reached a historical low since the economic crisis started.

According to a study by the labour force of ELSTAT, the unemployed amounted to 815.166 persons and decreased by 108.124 compared to May 2018 ( a decline of 11.7%) and by 10.902 persons compared to April 2019 (a decrease of 1.3%).

The total number of those employed is estimated to be 3.922.991 and the number of employees increased by 81.995 compared to May 2018 (2.1% increase) and 6.183 persons compared to April 2019 (0.2% increase).

The economically inactive population (unemployed or job seekers) amounted to 3.198.741 persons and decreased by 16.919 persons compared to May 2018 (0.5% decrease) and by 772 persons compared to April 2019 (negligible change).

The female unemployment rate (21.2% in May 2019 from 24.1% in May 2018) remains significantly higher than that for men (14% from 15.6%).

Σχετικα αρθρα

Greece second last in productivity, OECD report reveals (infographic)

admin

China files case against US Tariffs at WTO amid Trade War

admin

Changes in internet, credit, debit & pre-paid card transaction

admin

Over a quarter million people visited the 84th TIF in Thessaloniki

admin

The Biggest Exporters of Beef in the World (infographic)

admin

Who profits from the lucrative market of short-term property rentals via Airbnb?

admin

Greece has the worst unemployment rate in EU28 for degree holders

admin

U.S. designates China as a currency manipulator (infographic)

admin

Predicted Hard-Brexit Job Losses Across Europe (infographic)

admin

European Commission welcomes lifting of capital controls by Greek government

admin

Varoufakis on Thema Radio 104,6: Greece is in a deeper memorandum now

admin

New Zealand becomes the first country to legalise cryptocurrency salaries

admin

Moody’s: Greece on path to credit upgrade, if it continues reforms

admin

Central Council of Modern Monuments green lights Elliniko mixed-use project

admin

Greek teachers lowest paid in OECD member states

admin

Cyprus: €2,5bn Russian loan repaid two years early

admin

Cathay Pacific lost 20 percent of value in 6 months (infographic)

admin

TAP Pipeline: The land returns to its owners in Greece, Albania & Italy

admin