Greek unemployment rate reduced to 26.5% of the workforce in February, from 27.6% in January, according to Eurostat

The EU executive’s statistics agency said that the unemployment rate reduced slightly in the Eurozone to 11.7% in April from 11.8% in March and 12% in April 2013, and fell to 10.4% in the EU-28 in April from 10.5% in March and 10.9% in April last year.

Eurostat said the number of unemployed people totalled 25.47 million in the EU and 18.75 million in the Eurozone in April, down by 151,000 and 76,000 compared with March, respectively.

Greece recorded the highest unemployment rate (26.5% in February), followed by Spain (25.1%), while Austria (4.9%), Germany (5.2%) and Luxembourg (6.1%) recorded the lowest unemployment rates.

The number of unemployed people in Greece was 1.3 million in February, with the unemployment rate among men at 23.8% and among women at 30%.

The unemployment rate among young people (aged below 25 years old) rose slightly to 56.9% in February from 56.7% in January in Greece, with the country maintaining the highest rate in the EU, followed by Spain (53.5%) and Croatia (49%). Germany (7.9%), Austria (9.5%) and Holland (11%) recorded the lowest unemployment rates among young people.

Cyprus (16.4% from 15.6%) and Holland (7.2% from 6.5%) recorded the biggest percentage increase in unemployment rates in 12 months.