Unemployment in Greece fell to 14.6% in July 2021, compared to 14.8% in the previous month and 16.8% in July 2020, according to Eurostat data released today.
In July 2021, the seasonally adjusted unemployment rate in the euro area was 7.6%, up from 7.8% in June 2021 and from 8.4% in July 2020. The unemployment rate in the EU was 6.9% in July 2021, from 7.1% in June 2021 and from 7.6% in July 2020.
Eurostat estimates that 14.613 million men and women in the EU, of which 12.334 million in the eurozone, were unemployed in July 2021.
In terms of youth unemployment (under 25), in July 2021, the unemployment rate was 16.2% in the EU and 16.5% in the euro area, up from 16.9% and 17%. , 2% respectively in the previous month.
In Greece, youth unemployment rose to 37.6% in July 2021, compared to 29.7% in the previous month and 36.1% in July 2020. Greece has the highest youth unemployment rate in the EU, followed by Spain (35.1%) and Italy (27.7%).
Latest News
PM Mitsotakis Nominates Tasoulas as Next President of Greece
PM Mitsotakis proposes Kostas Tasoulas, current Parliament President, as Greece’s next President.
RES: Large Companies Buying PPAs in Greece
Power Purchase Agreements (PPAs) are long-term contracts between renewable energy producers and large corporations seeking to secure electricity at stable prices in a sustainable manner.
School Closures, Ships Docked Amid Bad Weather in Greece
Severe weather in Greece causes school closures and sailing bans. Strong winds, snowfall, and icy conditions disrupt daily life and travel on Tuesday.
Greece to Proceed with Issuance of 10-Year Bond
Regarding Greece's public debt the Agency forecasts that it will continue its downward trend, recording a total reduction of around 56%.
Labor Shortage in Greece: Vacant Job Positions Costing the Economy Millions
Data show that specific sectors are facing particular challenges in filling job positions, with the primary sector struggling to find working hands.
e-EFKA: “Thaleia” Answers Policyholders’ Questions
It is a service provided by the organization, aimed at enhancing the experience for individuals with special needs.
PM Mitsotakis Outlines 2025 Goals for Growth and National Interests
"The government’s work will remain intense and multifaceted, so that day by day, something changes and the lives of all citizens become better," the prime minister stated
Tender for Repairs on Athens Olympic Stadium’s (OAKA) Iconic Roof
Tender for OAKA project, which is expected to exceed 78 million euros, stipulates that repairs, maintenance must be conducted while venue remains open for events
Louis-Dreyfus Family Eyes 21% Stake in Thessaloniki Port
The newly created Amsterdam-based LeonidsPort company has submitted a voluntary public offer for 21%
EUIPO Throws Out Turkaegean Trademark
The trademark had been filed by the Türkiye Tourism Promotion and Development Agency (TGA) in 2021 and immediately generated heated opposition by Athens