Greek unemployment rate fell to 10.8% in May, ELSTAT says

FILE PHOTO: The number of employed persons amounted to 4,186,179 persons increased by 45,901 persons as compared with May 2022 (1.1%) ΑΝΑ -ΜRA/ORESTIS PANAGIOTOU




The seasonally adjusted unemployment rate in May 2023 amounted to 10.8% compared to 12.7% in May 2022 and to the upwards revised 11.3% in April 2023, accoding to the Hellenic Statistical Authority (ELSTAT).

The number of employed persons amounted to 4,186,179 persons increased by 45,901 persons as compared with May 2022 (1.1%) and by 22,512 persons compared with April 2023 (0.5%).

The number of unemployed persons amounted to 506,184 decreased by 95,166 persons as compared with May 2022 (-15.8%) and by 23,861 persons compared with April 2023 (-4.5%).

As for the number of persons outside the labour force, i.e., persons under the age of 75, that neither work nor look for a job, it amounted to 3,111,516, increased by 18,599 persons as compared with May 2022 (0.6%) and decreased by 996 persons compared with April 2023 (negligible change).

Source: ANA – MPA

 

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