Once the European Union’s highest – more than 50 percent for the young during a 2010-18 economic and austerity crisis – Greece’s jobless rate dropped to 9.5 percent in August, falling from 9.9 percent a month earlier.
The country’s statistics agency ELSTAT noted the August rate for 2024 was 1.9 percent lower than the same month a year earlier as the number of those without work keeps falling although many of the jobs are in the lower-wage sectors.
Source: The National Herald