Greek unemployment rate rose slightly to 23.4 pct in August

Greek unemployment rate rose slightly to 23.4 pct of the workforce in August, from 23.3 pct in July, but fell from 24.6 pct in August last year, Hellenic Statistical Authority said on Thursday.

The statistics service, in a report, said that the number of unemployed people totaled 1,126,455, with unemployment remaining a big problem among young people and among people aged 55-64 where unemployment grew by 3.5 points in one year. Also, unemployment grew by 4.0 points in Aegean islands (attributed to a decline in tourism because of the refugee crisis).

The number of unemployed people fell 59,894 in August (5.0 pct) compared with August 2015, but grew by 1,669 or 0.1 pct compared with July 2016. The number of employed people was 3,687,465, up 57,683 (1.6 pct) from August 2015, but down 7,001 (0.2 pct) compared with July 2016. The number of economically non active people was 3,228,437, down 1.1 pct from August and up 0.1 pct from July 2016.

The unemployment rate among women was 28 pct in August, from 28.5 pct in the same month last year, while among men it was 19.7 pct from 21.5 pct.

The unemployment rate among young people, aged 15-24 years, was 46.5 pct from 48.3 pct in August 2015, in the 25-34 age group it fel to 30.2 pct from 30.9 pct, in the 35-44 age group it eased to 19.9 pct from 21.9 pct, in the 45-54 age group it fell to 18.8 pct from 20.1 pct, in the 55-64 age group it rose to 19.4 pct from 15.9 pct and in the 65-74 age group it rose to 13.1 pct from 11.7 pct.

Epirus-Western Macedonia recorded the highest unemployment rate among the country’s regions (26.3 pct in August 2016 from 27.7 pct in August 2015), followed by Thessaly-Central Greece (25 pct from 26.7 pct), Macedonia-Thrace (25 pct from 25.3 pct), Peloponese-Western Greece-Ionian Islands (23.3 pct from 24.4 pct), Attica (23.2 pct from 24.7 pct), Crete (22.2 pct from 23.5 pct) and Aegean (19.5 pct from 15.5 pct).