Sunday , April 21 2019
Home / News / Economy / Greece (26.8%/57.6%) & Spain (26.1%/55.6%) lead in unemploymnet across EU

Greece (26.8%/57.6%) & Spain (26.1%/55.6%) lead in unemploymnet across EU

With 26.8% Greece has the highest unemployment among the 27 member states of the European Union, according to latest data released by Eurostat on Friday. At the same time, unemployment among youth below 25 years old tops the EU list with 57.6%, when the average across Europe is at 23.4%.

Releassed Eurostat data refer to the month of December 2012, with the Greek rates to had been last updated in October 2012.

Across the Eurozone and the EU, the total unemployment rate is 11.7%.

Greece is followed by Spain with unemployment at 26.1% and 55.6% among the youth.

The lowest unemployment rates were recorded in Austria (4.3%), Germany and Luxembourg (5.3%).

In total, 5,702 million youth up to 25 years old are without job across the EU, with 3,624 million living within the eurozone boundaries. (in.gr)

Check Also

Tourism growth over last 4 years helped Greece exit bailout agreements, says…

Tourism growth in the last four years has helped Greece exit the bailout agreements, said …