Greece: Unemployment declines to over twelve year low in November
Novembers data pointed to an improvement in the labor market. The number of employed people increased by 7,425 compared with October, and the seasonally-adjusted unemployment rate decreased from Octobers 13.1% to 11.4% in November.
Moreover, the number of unemployed people decreased by 6,039 compared to October. Meanwhile, the number of individuals outside the labor force decreased by 3,969 compared to October, representing a 0.1% decrease.