UP

Greece at top of EU unemployment table

Home page World
12 Punto 14 Punto 16 Punto 18 Punto
Greece at top of EU unemployment table

Greece has the highest unemployment rate in the Eurozone according to data published by Eurostat on Tuesday.

Axar.az reports that, although the Eurozone average for overall unemployment in December 2016 was 9.6 percent, Greece saw 23 percent of its workforce without a job by the end of October.

Spain followed with a jobless rate of a little over 18 percent.

Young people were particularly affected. Forty-four percent of young people (those aged under 25) in Greece were unemployed, which translates to about 114,000 individuals.

Those numbers are slightly lower than 2015, when more than half of Greece's youth population were without work - making it Europe's worst country for youth unemployment.

Overall, Tuesday's data show unemployment in Europe is declining. However, struggling countries like Greece and Spain continue to demonstrate high levels of joblessness.

According to official government numbers published in September 2016, more than 330,000 Greeks had moved abroad since the economic crisis hit the country in 2010.

A recent estimate by the Bank of Greece claimed that, in reality, more than 420,000 Greeks had left the country due to the crisis.

Greek government officials were not immediately available to comment.

Date
2017.01.31 / 20:14
Author
Axar.az
See also

Armed man arrested near Trump Golf Club in California

Kim Yo Jong warns over Japan's military buildup

Trump claims record approval ratings, attacks media polls

Chaiko’s son-in-law killed in Moscow explosion

Houthis strike Saudi oil tanker with ballistic missiles

Russian military losses updated on day 1624

Ukraine strikes Wildberries logistics hub in Tula - Video

Russia launches major attack on Ukraine

Russian strikes kill 17 in Kyiv region - Video

21 injured in blast at Iran aluminum plant

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla