More than 900.000 unemployed people in Greece!

Unemployment has broken the 18% barrier

 

As the data published by EL.STAT. show, the unemployment rate climbed to 18,4% in August 2011, from 12,2% in the August of 2010 and 16,5% in July 2011. 

Unemployed people increased by 294.845 compared to August 2010 (48.1%) and by 87.677 compared to July 2011 (10.7%). Thus, they reached 907.953 people, while the economically inactive population stood at 4.403.503 people. 

The number of employed people in August was estimated at 4.034.537. Which means it decreased by 364.353 compared to August 2010 (8.3%) and by 105.469 people compared to July 2011 (2.5%). 

The highest unemployment rate is recorded among young people aged 15-24 (43,5%). In women, the unemployment rate rose to 22,3% in August from 15,5% a year earlier, while for men it increased to 15,5% from 9,9%. 

By region, the highest unemployment rates are recorded in Western Macedonia (23,1%), Central Macedonia (20,7%) and Western Greece (20,6%). The lower rates are in the Ionian Islands (12,8%), Epirus (13%) and North Aegean (15%).