Unemployment unchanged at 25 pct in July

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

Greece’s seasonally adjusted (SA) unemployment rate remained stable at 25 percent in July, following a downward revision of the figure for June, the Hellenic Statistical Agency (ELSTAT) labour force survey displayed on Thursday.

The number of unemployed slipped by 1,900 in July to 1.2 million, its lowest level since May 2012. However, the July figure still points to a substantial increase by 3.2 times on the jobless number over the last seven years.

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