Unemployment edges up to 24.4 pct in Q4 on seasonal drop in employment

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

After falling in the preceding two quarters, the Greek non-seasonally-adjusted unemployment rate edged up to 24.4 percent in the fourth quarter (Q4) of 2015 from 24 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.

The year to date figure is the lowest over the last three years but represents the fourth positive reading since 2001.

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