Unemployment fell to 11.1% in June

Unemployment fell to 11.1% in June

At 11,1% her percentage rose unemployment in the country in June this year, versus a downwardly revised 12.3% in June 2022 and his revised upwards to 11.3% in May 2023. According to ELSTAT data, the unemployed amounted to 523,409 people, marking a decrease of 60,078 people compared to June 2022 (10.3%) and by 6,234 people compared to May 2023 (1.2%).

On women the unemployment rate rose to 14% from 16.7% in June 2022 and to men in 8.7% from 8.9%.

According to large age groupsin the group 15-24 years old the unemployment rate was formed to 23.6% from 31.6% a year ago and at ages 25-74 years old in 10.5% from 11.3%.

Also according to its labor force survey ELSTATthe employed amounted to 4,189,862 people, marking an increase of 46,574 people compared to June 2022 (1.1%) and by 32,310 people compared to May 2023 (0.8%).

While, the people under 75 years of age not in the labor force, or “people outside the labor force” (those not working or looking for work), amounted to 3,088,274 people, a decrease of 15,775 people compared to June 2022 (0.5%) and by 28,410 people compared to May 2023 (0.9%).

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