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Unemployment shoots to 13.5pct in Oct. 2010

Δημοσίευση 14 Ιανουαρίου 2011, 10:50 / Ανανεώθηκε 27 Ιουνίου 2013, 14:55
Unemployment shoots  to 13.5pct in Oct. 2010
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Greece's unemployment rate jumped to 13.5 percent in October 2010 from 9.8 percent in October 2009, according to figures released on Thursday by the independent Hellenic Statistical Authority.

Greece's unemployment rate jumped to 13.5 percent in October 2010 from 9.8 percent in October 2009, according to figures released on Thursday by the independent Hellenic Statistical Authority.

According to the Labor Force Survey for October 2010 made public by ELSTAT on Thursday, the ununemployment rate in October 2010 was 13.5% compared to 9.8% in October 2009 and 12.6% in September 2010.

The number of employed amounted to 4,369,543 persons while the number of unemployed amounted to 684,047 and the number of inactive to 4,263,751.

The number of employed decreased by 135,557 persons compared with October 2009 (a 3.0% rate of decrease) and increased by 3,048 persons compared with September 2010 (a 0.1% rate of increase).

The number of unemployed increased by 192,908 persons (a 39.3% rate of increase) compared with October 2009 and by 56,332 persons compared with September 2010 (a 9.0% rate of increase).

Unemployment among women, which rose to 17.6 percent in October 2010 from 13.7 percent in October 2009, continued to be much higher than that among men, which rose to 10.6 percent in October 2010 from 7.1 percent in October 2009.

The hardest hit age bracket, however, was youth (15-24), which reached 34.6 percent in October 2010 from 27.5 percent in October 2009.

Unemployment in the 25-34 age bracket shot to 18.3 percent from 12.6 percent in October 2009, and in the 35-44 age group rose to 11.5 percent from 8.0 percent in October 2009.

By region, the highest unemployment rates were recorded in Western Macedonia (17.2 percent from 9.3 percent in October 2009), Eastern Macedonia-Thrace (15.4 percent from 9.8 percent), Central Macedonia (14.8 percent from 10.1 percent), the southern Aegean (14.5 percent from 9.1 percent), and Attica (14.4 percent from 10.4 percent).