According to Hellenic Statistical Authority, Greek unemployment rate reduced to 26.8% of the workforce in March this year, from 27.2% in March 2013 and 26.9% in February, with the number of unemployed people totalling 1,274,843.

The reports indicates that March figures were based on the results of a new census made in 2011 and that figures were not fully comparable with previous months.

The number of unemployed people fell by 29,420 compared with March 2013, a decline of 2.3% and by 1,466 compared with February 2014, a decline of 0.1%. The number of employed people totalled 3,482,345 in March, down 0.3% from March 2013 and up 0.3% from February 2014.

The financially non-active population totalled 3,393,042. The unemployment rate among women was 30.6% in March, from 30.8% in March last year, while the unemployment rate among men eased to 23.8% from 24.4%, respectively.

The 15-24 age group recorded the highest unemployment rate (58.3% in March from 59.7% in March 2013), followed by the 25-34 age group (35.5%), 35-44 age group (24.1%), 45-54 age group (20.7%), 55-64 age group (17.4%) and the 65-74 age group (14.8%).

Epirus-Western Macedonia recorded the highest unemployment rate among the country’s regions with 29% whereas the lowest unemployment rate recorded at Aegean with 20.6%.