18 July 2018

Unemployment eases in May to 21,7%

10 August 17 - RE+D Magazine
Unemployment eases in May to 21,7%



Public entity - GREECE


Investment - GREECE

Eurobank Property Services

Consultant - GREECE


Dimitris Andritsos

CEO of Eurobank Property Services S.A Eurobank Property Services
Unemployment declined by 1.9 percentages points to 21.7 percent in May from 23.6 percent in the same month last year, Greece’s statistics agency ELSTAT said in a report on Thursday.


The rate follows an upwardly revised 21.8 percent in April 2017.

The highest unemployment rate was again recorded among those aged 15 to 24 years, whose employment rate fell to 44.4 percent from 49.7 percent in May last year. In terms of gender, women were more affected with 26.1 percent unemployment in May versus 18.1 for men.

The number of employed totaled 3,744,154 in May, the unemployed were 1,035,192 and the number of inactive people was 3,236,814.


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