Unemployment rate slips to 25.6 pct in April, lowest since July 2012

EconomyMacroeconomy Tags: ELSTAT, Labour, Unemployment

Following an upward revision of Greece’s seasonally adjusted (SA) unemployment rate to 25.8 percent in March, the jobless rate eased to 25.6 percent in April, according to the Hellenic Statistical Agency (ELSTAT). Along August 2012 reading, the April headline figure indicates the lowest reading since July 2012.

On a non-seasonally-adjusted (NSA) basis the unemployment rate fell by more than 2 percentage points (pp) to 25.5 percent in April, from 27.4 percent in March, to its lowest level since October 2014.

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