Greece: Unemployment rate falls in December
March 10, 2016
The number of unemployed fell by 19,365 in December, according to the Hellenic Statistical Authority (EL.STAT.). The fall was more pronounced than November’s 9,714 decrease.
The unemployment rate fell in December, edging down from November’s 24.5% to 24.0%. In addition, December’s figure was below that of the same month of the previous year (December 2014: 25.9%) and marked the lowest unemployment rate since April 2012. Despite the improvements registered over the past year, Greece’s unemployment rate is still well above the Eurozone average.