Unemployment at 27.2 pct in May, hardly changed from previous months

EconomyMacroeconomy Tags: ELSTAT, Labour, Unemployment
Photo by Harry van Versendaal
Photo by Harry van Versendaal

The seasonally adjusted jobless rate slightly fell to 27.2 percent in May after remaining unchanged at 27.3 percent in the preceding three months, according to the Hellenic Statistical Agency (ELSTAT).

The evolution of the May headline figure reflects a 0.6 percent month on month (MoM) rise in the number of employed and a slower MoM increase (0.2 percent) in the number of unemployed. The former indicates the second positive MoM reading in 2014, while ...

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