1 in 4 Greeks is unemployed

According to ELSTAT data, unemployment rose to 24.4% in June this year from 17.2% in June 2011 and 23.5% in May 2012.

 

In June 2012 the number of the employed was estimated at 3,766,415 people.

 

The unemployed rose to 1,216,410, while the economically inactive population stood at 3,372,097.

 

The number of employed persons decreased by 358,340 compared to June 2011 (8.7% decrease) and by 34,337 compared to May 2012 (0.9% decrease).

 

The unemployed people increased by 358,334 compared to June 2011 (41.8% increase) and 50,666 compared to May 2012 (4.3% increase).

 

The economically inactive, ie people who are not working or looking for work, increased by 20,194 compared to June 2011 (0.6% increase) and 5,251 compared to May 2012 (0.16% increase).