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Athens Macedonian News Agency: News in English, 14-03-13

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <>


  • [01] Record high unemployment at 27.5 pct in 4th quarter 2013

  • [01] Record high unemployment at 27.5 pct in 4th quarter 2013

    ANA-MPA -- Greek unemployment rose to 27.5 pct in the fourth quarter of 2013, setting a new all-time record, for an average rate of 27.2 pct in the year, up from 24.2 pct in 2012, Hellenic Statistical Authority said on Thursday. The total number of unemployed people reached 1,363,137 in the year.

    The statistics service, in a report, said that young people aged 15-24 were the biggest "victims" with an unemployment rate of 57 pct, followed by the most productive age group (24-35) with an unemployment rate of 44.7 pct. The report said that 72 pct of unemployed people (around 981,500) were long-term unemployed.

    The statistics service, in its quarterly report, said that the number of unemployed people grew 1.3 pct compared with the third quarter of 2013 and by 5.2 pct compared with the fourth quarter of 2012. The number of employed people totaled 3,589,657, down 1.3 pct from the previous quarter and down 2.5 pct compared with the fourth quarter of 2012.

    The percentage of young unemployed people totaled 23.3 pct of total unemployed in the country, while long-term unemployed accounted for 72 pct. The unemployment rate in the 15-24 age group was 57 pct, in the 25-29 age group 44.7 pct, in the 30-44 age group 26.3 pct, in the 45-64 age group 19.5 pct and in the 65+ age group 9.9 pct. Unemployment among women was 31.7 pct, up from 24.4 pct for men.

    Central Macedonia (30.3 pct), Western Macedonia (29.7 pct), Western Greece (28.9 pct), Central Greece (28.9 pct), recorded the biggest unemployment rates among the country's regions, followed by Epirus (28.4 pct), Attica (28.2 pct), Eastern Macedonia-Thrace (25.6 pct), Crete (25.2 pct), Thessaly (25.2 pct), the Peloponnese (23.7 pct), South Aegean (22.7 pct), Ionian Islands (20.6 pct) and North Aegean (20.1 pct).

    A 28.7 pct of unemployed people were seeking full time jobs exclusively, while a 66.5 pct were willing to work part-time as well. Unemployment among foreign citizens was 36.2 pct, whereas unemployment among Greek citizens was 26.8 pct. A total of 143,391 people found a job in the fourth quarter of 2013 the report said. Part-time work accounted for 8.5 pct of total employment in the country. The percentage of salary earners in Greece was 63.1 pct, significantly down from an 80 pct average rate in the European Union.

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