Greece: Unemployment rate declines in January
January’s data painted a mixed picture about the health of the labor market. The number of employed people decreased by 26,314 compared with December, while the seasonally-adjusted unemployment rate decreased to 10.8% from December’s 12.4%.
Meanwhile, the number of unemployed decreased by 87,686 compared to December. That said, the number of individuals outside the labor force increased by 110,145 compared with December, representing a 3.6% increase.