Greece's unemployment rate rose in August after reversing a mild easing in the previous month to remain the highest among euro area countries.
The seasonally adjusted unemployment rate edged up to 23.4 percent from an upwardly revised 23.3 percent in July, the Hellenic Statistical Authority said Thursday. A figure lower than the current rate was last seen in March 2012, when it was 22.7 percent.
A year ago, the jobless rate was 24.6 percent. In June, the rate was 23.4 percent.
The number of unemployed totaled 1.13 million in August, which was 59,894 persons less than a year ago. From the previous month, unemployment increased by 1,669 persons.
The number of employed persons increased by 57,683 persons year-on-year to 3.69 million, and decreased by 7,001 persons from the previous month.
The youth unemployment rate, which applies to the 15-24 years old, fell to 46.5 from 48.3 a year ago.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.