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Greek unemployment rate continues to drop

Greek unemployment rate continues to drop

The Greek jobless rate eased to 12.5% of the workforce in April, from 12.6% in March and 17.2% in April 2021, the Hellenic Statistical Authority (ELSTAT) said on Wednesday.

The number of unemployed people totaled 587,595 in April, down 182,482 from April 2021 (-23.7%) and down 11,707 compared with March 2022 (-2.0%). The unemployment rate among women was 16.2%, down from 21.8% in April 2021, while among men it fell to 9.5% from 13.4%, over the same periods, respectively.

In the 15-24 age group, the unemployment rate was 30.6% (down from 47.8% in April last year) and in the 25-74 age group it fell to 11.6% from 15.7%. The number of employed people totaled 4,123,634 in April, up 403,552 from April 2021 (10.8%), but down 41,072 (-1%) compared with March 2022.