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Uneployment Rate shocks Greeks

Almost 600.000 Greeks are jobless and the unemployment rate reached 11,9% according to National Statistics Office data released earlier today.

The April report disclosed that 130.000 Greeks lost their source of income within one year.

Unemployment rate is 11,9%  in April 2010. In comparison it was 11,6% in March 2010 and 9,4% in April 2009.

In terms of geographical areas Southern Aegean  leads with 22,7% followed by the Ionian Islands with 19,8%.

Leading age groups are the 15-24 years old with 30,8% and 25-34 ones with 15%.

Women are unemployed with 15%.

The number of employed in April 2010 was estimated at 4,412,946 people.
The unemployed stood at 596,979 people, while the economically active population stood at 4,288,462 people.

The number of employed decreased by 69,318 persons compared with April 2009 (down 1.5%) and 10 953 persons compared with March 2010 (down 0.2%).

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