Unemployment closes 2013 with new high of 27.5 pct in last quarter

EconomyMacroeconomy Tags: ELSTAT, Labour, Unemployment

The non-seasonally-adjusted unemployment rate rose to 27.5 percent in Q4, after marginally easing by 0.1 percentage points to 27 percent in Q3, according to the Hellenic Statistical Authority (ELSTAT). 

Quarterly figures are not comparable to monthly readings, which are seasonally-adjusted, and showed the unemployment rate eased to 27.5 percent in December from 27.6 percent in November.

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