Eurostat: Unemployment in Greece fell by 4.2 points in April

By Dimitris Katsaganis

Unemployment in Greece fell by 4.2 points in April, according to Eurostat data.

Specifically, unemployment in April 2022 rose to 12.7% compared to 16.9% in April 2021.

Between March and April 2022 there was, according to Eurostat, a small increase of 0.5 points (to 12.7% versus 12.2%).

However, the same phenomenon, ie a small increase in the same period (March-April) occurred in 2021 and 2020, indicating that it may be due to seasonal reasons.

According to ELSTAT, unemployment in April 2021 rose to 17.5% compared to 16.8% in March 2021. Also in April 2022 it rose to 15.8% compared to 15.7% in March 2022.

According to Eurostat, unemployment among young people under 25 fell to 36.8% in April 2022 compared to 47.7% in April 2021, although compared to March 2022 it increased by 10.8 points.

Source: Capital

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