Greek unemployment rate down by 0.1% in November

Greek unemployment rate dropped slightly to 24.6% of the workforce in November 2015,  from 24.7% in October, Eurostat announced on Tuesday.

In a report released in Brussels, the EU statistic service said the unemployment rate in the Eurozone was 10.3% in January 2016, from 10.4% in December, the lowest level since August 2011.

In the EU-28, the unemployment rate was 8.9%, down from 9.0% in December, the lowest level since May 2009.

The unemployment rate in the Eurozone was higher ( 11.3%) that that of the whole of the EU  (9.8%)  in January 2016.

There were 21.78 million people unemployed in the EU and 16.64 million unemployed in the Eurozone in January.

Greece (24.6%) and Spain (20.5%) recorded the highest unemployment rates in the EU, while Germany and Czech Republic (4.5%), Malta and the UK (5.1%) the lowest unemployment rates.

There were 1.18 million unemployed people in Greece with unemployment rate among the young  at 48%, down from 48.3% in October.

Spain (45%), Croatia (44.1%) and Italy (39.3%) also recorded high unemployment rates among young people.