Despite opening up tourism in July, Greece saw its unemployment rate soar by an additional 125,000 people to more than 1 million compared to the same month in 2019, the country’s Manpower Employment Organization (OAED) informed. Overall, the total number of unemployed seeking a job in July came to 1,040,852 people, 537,029 of whom (51.6%) listed on OAED records for a period of at least 12 months.
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Jobless rate risesAugust 29, 2020
The three-month rolling average jobless rate was 4.8% in July, up 0.2 percentage point from the previous month and 1.4 percentage points from twelve months earlier, the Central Statistical Office (KSH) informed. In absolute terms, there were 224,300 unemployed, 10,100 more than in the previous month and up 66,400 from a year earlier.
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