Greece: Unemployment rate falls to over three-year low in September
December 10, 2015
The number of unemployed fell by 2,428 in September, according to the Hellenic Statistical Authority (EL.STAT.). September’s fall was a deteriorization from August’s larger 11,462 decrease.
The unemployment rate fell in September, decreasing from 24.7% in August to 24.6%. In addition, September’s figure was above that of the same month last year (September 2014: 26.1%) and marked the lowest unemployment rate since May 2012. Despite the improvements registered over the past year, Greece’s unemployment rate is still well above the Eurozone average.