Greek Unemployment Rate Decreases
- Written by Maria Athens
The eurozone's unemployment rate dropped to 10.9% this past July, marking the first time it has deceased under 11% since February of 2012, as revealed by EU statistics firm Eurostat.
The unemployment figure held 11.1% the previous month, while the youth jobless rate still remained large at 21.9%. Greece is still the highest member nation regarding unemployment, which stood at 25% in May. However in April, Greece's rate was 25.6%.
Germany, who has the lowest percentage, stood at 4.7% this past May. Greece's youth unemployment figure holds 51.8%. In June, the unemployment percentage for the entire EU dropped by 0.1% equalling 9.6%, which is the lowest figure in four years.
(Source: AFP)
Related items
-
Washington Examiner: US considers leaving Incirlik and "sees" alternative in Greece
-
AHI Participates on State Department Call on Eastern Med Developments
-
With friends like these who needs enemies! - Minutes from the meeting of the EU Foreign Ministers
-
Athens-Nicosia in step for the EU summit for Belarus and Turkish aggression
-
25 personalities support Greece and Cyprus against Turkish aggression in letter to the "Times"