Greek unemployment rate increases to 24.4% in the fourth quarter

Market news

17 March 2016

Greek unemployment rate increases to 24.4% in the fourth quarter

The Hellenic Statistical Authority released its labour market data for Greece on Thursday. The Greek unemployment rate increased to 24.4% in the fourth quarter from 24.0% in the third quarter.

The number of unemployed people rose by 1.2% in the fourth quarter from the previous quarter.

The youth unemployment rate was up to 49.0% in the fourth quarter from 48.8% in the third quarter.

The European Central Bank lowers the amount of emergency funding (ELA) to Greek banks by €100 million

Job openings climb to 5.541 million in January

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