Greece
Calamos Supports GreeceCalamos Supports Greece
GreekReporter.comGreek NewsEconomyEurostat: September Unemployment in Greece at 27.4%

Eurostat: September Unemployment in Greece at 27.4%

unemployment
Eurozone unemployment remained at 12.1% in November, according to figures published by Eurostat today. In the EU-28, unemployment also remained stable at 10.9%.
In November there were 26.553 million unemployed in the EU-28, an increase of 19,000 compared to October, and 19.241 million in the eurozone, and increase of 4,000 compared to October.
The highest unemployment rates in the EU-28 in September were recorded in Greece (27.4%), Spain (26.7%), Croatia (18.6%) and Cyprus (17.3%), with the lowest in Austria (4.8%), Germany (5.2%) and Luxembourg (6.1%).
The largest yearly increase in unemployment from September 2012 to 2013, was recorded in Cyprus (13.3% to 17.3%), Italy (11.3% to 12.7%) and Greece (26% to 27.4%).
In Greece, 1.376 million people were unemployed during September 2013, with unemployment among men at 24.5% (24.3% in August) and 31.4% for women (31.3% in August).
Youth unemployment (persons under 25) in Greece decreased slightly in September 2013 (54.8%, 172,000 unemployed) compared to August (57.7%). Greece is in second place behind Spain in terms of youth unemployment (57.7% in November, up from 56.8% in September 2013), while Croatia is in third place (49.7% in September 2013). The lowest rates were recorded in Germany (7.5%), Austria (8.6%) and the Netherlands (11.4%). In November, youth unemployment in the EU-28 was at 23.6% (5.661 million) and 24.3% in the eurozone (3.599 million).
In the eurozone, retail sales which are an indication of consumer confidence, were up by 1.4% after a decline of 0.4% in October. The latest retail sales results from Greece are for October, with a decline of 0.1% compared to September and 0.9% compared to October 2012.
 
 

See all the latest news from Greece and the world at Greekreporter.com. Contact our newsroom to report an update or send your story, photos and videos. Follow GR on Google News and subscribe here to our daily email!



Related Posts