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> Greece

Greek unemployment rate eased to 26.5% in February

The number of unemployed people fell by 14,996 compared with February 2013 (-1.1%) and by 7,987 compared with January 2014 (-0.6%)

Newsroom May 8 02:10

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Greece’s seasonally-adjusted unemployment rate eased to 26.5% in February from 26.7% in February 2013 and 26.6% in January 2014, Hellenic Statistical Authority said on Thursday.
The statistics service, in a monthly report, said that the number of unemployed people totaled 1,300,165 and noted that new hirings were workers up to 34 years old (with a basic salary of 586 euros), while for young people age below 25 years old the basic salary was 511 euros.

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The number of unemployed people fell by 14,996 compared with February 2013 (-1.1%) and by 7,987 compared with January 2014 (-0.6%).
The number of employed people totaled 3,609,445, down 0.2% compared with February 2013 and down 0.1% from January 2014. The number of economically non-active population was 3,408,565, up 0.7% from February last year and up 0.4% from January 2014.

The unemployment rate among women was 30% in February, while among men the unemployment rate was 23.8%. The 15-24 age group recorded the highest unemployment rate (56.9% in February, down from 60.1% in February last year), followed by the 25-34 age group (34.7% from 36.1%), the 35-44 age group (24.2% from 23.4%), the 45-54 age group (20.8% from 20.4%), the 55-64 age group (17.6% from 16.6%) and the 65-74 age group (14.8% from 7.3%).

Among the country’s regions Epirus-Western Macedonia (29.6% in February from 28.8% last year) recorded the highest unemployment rate, followed by Attica (27.3% from 27.8%), Macedonia-Thrace (26.9% from 28.3%), Thessaly-Central Greece (26.1% from 27.8%), the Peloponese-Western Greece-Ionian Islands (26.1% from 23.1%), Crete (23.8% from 23.3%) and the Aegean (21.3% from 20.2%).

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