Economy rebounding, Greece’s unemployment rate falls to 9.5%
Economy rebounding, Greece’s unemployment rate falls to 9.5%
3/10/2024 6:32

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

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