Unemployment rate at 23.1% in Dec’16

Sunday, March 12th, 2017
Last Update: 20:18

Greece remains the major exception to the eurozone’s wider recovery in growth and unemployment, suffering a slight rise in its double-digit jobless rate at the end of 2016.

The country’s unemployment rate ended the year at 23.1 per cent in December, revised up to that level from 23 per cent in November – the highest in the eurozone.

Greece’s labour market seems immune to the broader improvements in jobs growth seen elsewhere in Europe where average unemployment has now fallen to a four-year low of 9.8 per cent.

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