Greek unemployment rate at 24% for 3rd quarter 2015

The unemployment rate for females is considerably higher than the unemployment rate for males

In the 3rd Quarter of 2015 the number of employed amounted to 3,671,096 persons while the number of unemployed amounted to 1,160,522, according to Hellenic Statistical Authority.

The unemployment rate was 24.0% compared with 24.6% in the previous Quarter, and 25.5% in the corresponding Quarter of 2014.

The number of employed persons increased by 1.3% compared with the previous quarter and by 2.3% compared with the 3rd Quarter of 2014. The number of unemployed persons decreased by 1.7% compared with the previous quarter and by 5.6 compared with the 3rd Quarter of 2014.

The unemployment rate for females (28.1%) is considerably higher than the unemployment rate for males (20.7%).

By observing the unemployment rate for different age groups, the highest unemployment rate is recorded among young people in the age group of 15-24 years (48.8%). For young females the unemployment rate is 54.5%.

As regards the educational attainment level, the unemployment rate is higher among persons who did not attend school (46.9%). The lowest unemployment rates are observed among persons, who have completed post-graduate studies or have a doctorate (13.2%), and among university graduates (20.0%).

The unemployment rate is higher for persons of foreign nationality (28.6%) compared with those of Greek nationality (23.7%), whereas the percentage of the economically active persons with foreign nationality is much higher than the corresponding percentage of persons with Greek nationality (72.4% compared to 51.2%).