Greece’s unemployment rate in July rose to 25.1 per cent from a revised 24.8 per cent in the previous month

Source: Kathimerini

Unemployment rises to 25.1 per cent

Unemployment rises to 25.1 per cent

Greece’s unemployment rate in July rose to 25.1 per cent from a revised 24.8 per cent in the previous month, according to data provided by the Hellenic Statistical Authority (ELSTAT) this week.

The number of employed amounted to 3,763,142 persons.

Τhe number of unemployed amounted to 1,261,604 while the number of inactive to 3,356,276, data showed.

ELSTAT said the number of employed decreased by 329,086 persons (or 8 per cent) compared with July 2011 and increased by 5,364 persons (or 0.1 per cent) compared with June 2012.

The number of unemployed went up by 377,991 (or 42.8 per cent) compared with July 2011 and by 23,255 persons (or 1.9 per cent) compared with June 2012, ELSTAT said.

Inactive persons – that is, persons that neither worked or looked for a job – decreased by 2,236 persons (or 0.1 per cent) compared with July 2011 and by 3,406 persons (or 0.1 percent) compared with June 2012.

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