Greece: Unemployment rate falls in May
August 6, 2015
The number of unemployed fell by 15,277 in May, according to the Hellenic Statistical Authority (EL.STAT.). May’s fall marked a larger drop over April’s 12,845 decrease.
The unemployment rate decreased in May, falling from April’s 25.6% to 25.0%. The reading was below that of the same month last year (May 2014: 27.0%) and marked the lowest rate since June 2012. Despite the improvements registered over the past year, Greece’s unemployment rate is still well above the Eurozone average.