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- Greece Unemployment Rate decrease to 18.5% in November 2018
Greece Unemployment Rate decrease to 18.5% in November 2018
The Hellenic Statistical Authority (ELSTAT) said, the seasonally adjusted unemployment rate in November 2018 was 18.5% compared to 21.1% in November 2017 and 18.7% in October 2018.
The number of employed in November 2018 amounted to 3,865,670 persons. The number of unemployed amounted to 875,195 while the number of inactive to 3,218,868.
The number of employed persons increased by 138,566 persons compared with November 2017 (a 3.7% rate of increase) and by 30,010 persons compared with October 2018 (a 0.8% rate of increase). The number of unemployed persons decreased by 120,587 persons compared with November 2017 (a 12.1% rate of decrease) and by 5,948 persons compared with October 2018 (a 0.7% rate of decrease). The number of inactive persons, i.e., persons that neither work nor look for a job, decreased by 58,336 persons compared with November 2017 (a 1.8% rate of decrease) and by 27,385 persons compared with October 2018 (a 0.8% rate of decrease).
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