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One in four unemployed

first_img Facebook Twitter: @NeosKosmos Instagram Just over one in four people aged between 15 and 74 are now unemployed, according to jobless data released on Thursday. The unemployment rate crossed the 25 percent threshold in August, to reach 25.4 percent, according to the Hellenic Statistical Authority (Elstat). This represents a 0.6pt jump on the previous month and a full seven point increase on the same month last year, Elstat said, in its Labour Force Survey for August. Young people are hardest hit, with 58 percent of those under the age of 25 registered as without work, up from 45 percent a year ago. Unemployment remains higher among women (29 per cent) than men (22.7 per cent). In real terms, the data translates into a total of 1,267,595 persons without work, an increase of 36,597 people in one month alone. This means that since August of last year, 351,666 people have joined the dole queues, an increase of 38.4 per cent. The same data puts the number of people employed at 3,726,663 and the number of economically inactive people – meaning those without work but not seeking work – at 3,375,297. The regions of Epirus and Western Macedonia, where the jobless rate reaches 28.5 per cent, remains the country’s unemployment blackspot, while Crete (19.6 per cent) has replaced the Aegean for the lowest unemployment rate. At 25.9 per cent, the rate in Attica is slightly above the national average. Source: Athens News/dmculast_img

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