Greece: Unemployment rate rises in February
February’s data pointed to a deterioration in the labor market. The number of employed people decreased by 27,235 compared with January, while the seasonally-adjusted unemployment rate increased to 11.4% from January’s 10.3%.
Meanwhile, the number of unemployed increased by 53,683 compared to January. Moreover, the number of individuals outside the labor force decreased by 28,828 compared with January, representing a 0.9% drop.