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Unemployment in Greece falls to 19.5% for the first time since 2011

Unemployment in Greece fell to 19.5 percent in May 2018, the Greek Statistics Authority ELSTAT announced on Thursday. It is the first time since 2011 that unemployment falls below 20 percent.

Comparing the data, ELSTAT said that unemployment was at 21.7% in May 2017 and at 20% in April 2018.

Youth unemployment remains a thorn with 39.7% in the age group 15-24 to be without work.

Also unemployment among women is high.

The regions mostly affected remain Epirus and West Macedonia.

The number of unemployed is 924,941 people.

the number of employed is 3,824,393 people.

Employment increased by 70,052 people when compared to May 2017, recording an increase of 1.9%.

In comparison to April 2018, the employment increase was 1.3 percent.

Several job vacancies open in spring due to the begin of the tourist seasons.

The majority of these seasonal workers find themselves queuing at the Greek Employment Agency seeking for work as of October.

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