Greece’s unemployment rate down to 10.9% in August

Unemployment rate in Greece was down to 10.9% in August 2023 from 12.3% in August last year, but remained largely unchanged from July, Hellenic Statistical Authority said on Monday.

Τhe number of unemployed people in August was 512,193, down 71,013 from August 2022 and down 2,080 from July 2023.

The unemployment rate among women was 14.4% (16.3% in August 2022) and among men 8.3% (9.3% in 2022).

Unemployment rate in the 15-24 age group fell to 22.5% from 29.8% in August 2022 and in the 25-74 age group it fell to 10.3% from 11.2%, over the same periods, respectively.

The number of employed people was 4,170,977, up 30,190 from August 2022 and down 47,172 from July 2023.

PS in summer months, unemployment tends to decrease, anyway, due to tourism and seasonal jobs.