According to Eurostat data published on Holy Wednesday, unemployment in Greece reached 20.8% in December 2017, compared to 21% in November, while the unemployment rate concerning young people under 25 years old dropped to 45% from 45.4%. According to Eurostat, in the period December 2016 – December 2017, unemployment in Greece dropped to 20.8% from 23.4%, recording the second largest drop in the EU within a year.

In February, 17.6 million unemployed were recorded in the EU and 13.9 million unemployed in the Eurozone. The highest unemployment rates in the EU were recorded in Greece (20.8%) and Spain (16.1%). The lowest unemployment rates were recorded in Czech Republic (2.4%), Malta and Germany (3.5%).

 

Translation: Eleni Gogou