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Sunday | September 27 | 2020

Greece: Unemployment rate at 17.0% in May 2020

Unemployment rate in May 2020 was 17.0% compared to the downward revised 17.2% in May 2019 and to the upward revised 15.7% in April 2020, Elstat shows.

The number of employed in May 2020 amounted to 3,729,591 persons. The number of unemployed amounted to 764,912 while the number of inactive amounted to 3,401,996.

The number of employed persons decreased by 193,312 persons compared with May 2019 (a 4.9% rate of decrease) and by 128,924 persons compared with April 2020 (a 3.3% rate of decrease).

The number of unemployed persons decreased by 52,396 persons compared with May 2019 (a 6.4% rate of decrease) and increased by 48,444 persons compared with April 2020 (a 6.8% rate of increase).

The number of inactive persons, i.e., persons that neither work nor look for a job, increased by 205.247 persons compared with May 2019 (a 6.4% rate of increase) and by 77,988 persons compared with April 2020 (a 2.3% rate of increase).

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