Greek Q1 unemployment remains at record quarterly high of 27.8 pct

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

The non-seasonally-adjusted unemployment rate remained unchanged quarter on quarter in Q1 of this year at 27.8 percent in Q1 but rose slightly from the 27.6 percent posted in Q1 2013, according to the Hellenic Statistical Authority (ELSTAT).

The lack of movement in the unemployment rate means that it has remained at a record high – 27.8 percent is the highest quarterly reading.

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