Greece: Unemployment rate steady in May
August 4, 2016
The number of unemployed fell by 2,555 in May, according to the Hellenic Statistical Authority (EL.STAT.). The result was a smaller drop than the 16,152 decrease observed in April.
The unemployment rate was steady at April’s 23.5% in May. May’s figure was below that of the same month last year (May 2015: 25.0%). Despite the improvements registered over the past year, Greece’s unemployment rate is still well above the Eurozone average.