According to Eurostat, unemployment in Greece remains the highest in the EU (25.8% in October), with Spain (23.7% based on December) in second place. However, on an annual basis, unemployment rate decreased from 27.8% to 25.8%. Furthermore, just in October, the number of unemployed Greeks reached 1.24 million. Unemployment rate for men stands at 23.1%, for women at 29.3% and under 25 at 50.6% .