Unemployment rate drops again in Q3, reaching 22.6 pct

EconomyMacroeconomy Tags: ELSTAT, Labour, Unemployment
Photo by Panayiotis Tzamaros/Fosphotos
Photo by Panayiotis Tzamaros/Fosphotos

The Greek non-seasonally-adjusted unemployment rate fell again in the third quarter (Q3) of 2016 to 22.6 percent from 23.1 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. 

The breakdown by age displayed the most marked drop of 4.6 pp to 44.2 percent was recorded among youth (15-24 years old) followed by a 1.9 pp decline to 21.5 percent in the 30-44 years old group. In contrast, the jobless rate for the 45-64 years old gro...

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