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Greek Unemployment Dips Below 26 Percent.

Athens, Muharram 20, 1436, Nov 13, 2014, SPA -- Unemployment in Greece dropped in August to 25.9 percent in seasonally-adjusted terms, from July's revised estimate of 26.1 percent, the statistics agency ELSTAT said Thursday.

A total of 1.242 million people were out of work in the month, dpa reported.

The jobless rate was the lowest recorded in the crisis-stricken country since peaking at 28 percent in September 2013.

Unemployment among youths aged between 15 and 24 continued to be particularly high but fell to 49.3 percent, down from 58.6 percent the same period last year. Greeks aged 25 to 34 were also struggling with an unemployment rate of 32.7 percent.

--SPA

19:12 LOCAL TIME 16:12 GMT

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Publication:Saudi Press Agency (SPA)
Date:Nov 13, 2014
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