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

Four killed, around 15 injured in three shootings in Dallas

Gargash: Another regional confrontation must be avoided

Another Galatasaray board member resigns

Magnitude 5.6 earthquake strikes off Taiwan

Latvia takes UN Security Council presidency for first time

One killed, eight wounded in Alabama mass shooting

87 migrants detained in operations near Izmir in Turkiye

Swedish forces board suspected Russian-linked vessel

Zelensky says Russia lost 54,400 troops in October

Ukrainian military losses updated on 1,712th day of war

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