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GreekReporter.com Greek News Economy Unemployment Rate At 12%

Unemployment Rate At 12%

Greece’s unemployment rate in July 2010 was 12.0% compared to 9.6% in July 2009 and 11.6% in June 2010, the country’s statistical office said Thursday.
The number of employed amounted to 4,439,296 persons while the number of unemployed amounted to 607.035 and the number of inactive to 4,261,458.
The number of employed decreased by 52,866 persons compared with July 2009 (a 1.2% rate of decrease) and increased by 9,473 persons compared with June 2010 (a 0.21% rate of increase).
Unemployed increased by 130,328 persons (a 27.3% rate of increase) compared with July 2009 and by 24,671 persons compared with June 2010 (a 4.2% rate of increase).

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