Greece: Unemployment rate declines in July
July’s data sent mixed signals about the labor market. The number of employed people decreased by 3,057 compared with June, while the seasonally adjusted unemployment rate fell to 10.8% from June’s downwards revised 11.0%,
Meanwhile, the number of unemployed decreased by 9,938 relative to June. However, the number of individuals outside the labor force increased by 10,348 compared to June, representing a 0.3% increase.