Unemployment rate eases to 24.6 pct in Q2 as number of employed jumps

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Unemployment rate eases to 24.6 pct in Q2 as number of employed jumps

EconomyMacroeconomy 17/09/2015 - 14:21 Tags: ELSTAT, Labour, Unemployment

After increasing in the preceding two quarters, the non-seasonally-adjusted unemployment rate fell by two percentage points (pp) to 24.6 percent in the second quarter (Q2) of 2015 from 26.6 percent in Q1, the Hellenic Statistical Authority (ELSTAT) data displayed on Thursday.

Furthermore, the number of discouraged (available but not looking for a job) increased for the third straight quarter by 3,400 to 101,600 in Q2, which is the third highest reading since 2008.

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