Unemployment declined by 1.9 percentages points to 21.7 percent in May from 23.6 percent in the same month last year, Greece?s statistics agency ELSTAT said in a report on Thursday. The rate follows an upwardly revised 21.8 percent in April 2017. 

The European Central Bank's data about real unemployment in Greece is frightening as it is seen reaching 31.3% in the fourth quarter of the year.

The real unemployment in Greece approaches 30%, according to a study by the Labour Institute of the General Confederation of Greek Workers (GSEE).