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Unemployment is Greece rise 4.88% in November compared to October

Registered unemployment climbed by 4.88 pct in November compared to October, a statement issued by the Greek Employment Manpower Organization (OAED) said on Wednesday.

40,261 people were added to the long lists of jobless.

Overall, November’s registered unemployed came to 864,778 in November compared to 824,517 in October. Of these 495,195 (or 57,26 pct) have been unemployed for 12 months or longer, and the remaining 369,583 (or 42,74 pct) have been unemployed for less than 12 months.

Of the unemployed, around 63 pct are women, the same percentage as the unemployed of both sexes aged 30-54. Also, about 78 pct of the total have completed the obligatory basic education or are high school graduates, and 91 pct are Greek nationals.

In terms of unemployed registered at OAED but not looking for work, their number had climbed by 44.83 pct in November compared to October, while the unemployed receiving benefits for the same time climbed by 26.59 pct to a total of 123,132 people.

OAED full statement in Greek

When the tourism season is over, thousands return home without a work and income. And they hardly have opportunities for a new work place.

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