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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Friday, June 12, 2015

Unemployment Rate in Greece Shows Increase in Q1

Greece’s unemployment rate increased to 26.6% in the first quarter of 2015, compared to 26.1% during the fourth quarter of last year, according to the non-seasonally adjusted data published by the Hellenic Statistical Authority (ELSTAT) on Thursday. The highest unemployment rate recorded in Greece on a quarterly basis is 27.8%, during the first quarter of 2014. In total, the unemployed people in Greece amount to 1,272,541 persons, with approximately 71.6% of them being long-term unemployed, which means that they have been looking for work for over 12 months. The number of unemployed people increased by 2.1% compared to the previous quarter and decreased by 5.2% compared to the first quarter of 2014. Furthermore, the number of employed Greek citizens increased by 0.9% compared to the previous quarter. The ELSTAT data show that unemployment rate for women (30.6%) is significantly higher than the unemployment rate for men (23.5%). Meanwhile, the highest unemployment rate was recorded among young people aged 15-24, reaching 51.9% for young men and 57% for young women. Furthermore, in regards to different Greek regions, the highest unemployment rate was recorded in western Greece and western Macedonia, standing at 29.0%, and the Ionian Islands at 28.9%. In contrast, the lowest unemployment rate was recorded in the northern Aegean Sea with 20.2% and the Peloponnese with 23.9%.


READ THE ORIGINAL POST AT greece.greekreporter.com