Greek unemployment rate ends 2014 at 26 pct, the first uptick since Sep 2013

EconomyMacroeconomy Tags: ELSTAT, Labour, Unemployment
Photo by MacroPolis
Photo by MacroPolis

The seasonally adjusted (SA) unemployment rate rose to 26 percent in December from an upward revised 25.9 percent in November, according to the Hellenic Statistical Agency (ELSTAT). This was the first uptick in the headline figure since September 2013.  

The non-seasonally-adjusted (NSA) jobless rate climbed almost one percentage point (pp) month on month (MoM) to 26.8 percent in December from 25.9 percent a month ago and reached its highest level since May 2014.

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