Greek unemployment rate at 20.8 pct in February

Greece’s unemployment rate fell to 20.8 pct of the workforce in February, from 22.6 pct in February 2017, but rose slightly from 20.7 pct in January 2018, Hellenic Statistical Authority said on Thursday.

The statistics service, in a monthly report, said that the number of unemployed people totaled 978,072 in February, down 102,296 from February last year (a decline of 9.5 pct) and fell by 0.2 pct compared with January 2018. The number of employed people was 3,735,098, up 0.9 pct from February 2017 and 0.4 pct from January 2018.

The unemployment rate among women was 26.2 pct in February (27.1 pct in February 2017), significantly higher compared with men (16.4 pct from 19 pct, respectively). The unemployment rate in the 15-24 age group was 45.4 pct in February from 46.4 pct in February 2017, in the 25-34 age group it fell to 26.1 pct from 29 pct, in the 35-44 age group it fell to 18.8 pct from 19.7 pct, in the 45-54 age group it fell to 16.3 pct from 17.5 pct, and in the 55-64 age group it fell to 17.6 pct from 19.1 pct and in the 65-74 age group it fell to 12 pct from 14 pct.

Among the country’s regions, Epirus-Western Macedonia recorded the highest unemployment rate (25.9 pct from 27.7 pct in Febuary 2017), followed by Peloponnese-Western Greece-Ionian Islands (21.4 pct from 22.9 pct), Attica (21.1 pct from 22.1 pct), Macedonia-Thrace (20.8 pct from 22.9 pct), Aegean (20.2 pct from 18.4 pct), Thessaly-Central Greece (18.8 pct from 22.7 pct) and Crete (16.6 pct 20.2 pct).

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