Greece Records Biggest Percentage Decline in Unemployment Rate in the EU
Thursday, 01 February 2018
Greece recorded the biggest percentage decline in the unemployment rate among EU countries in October 2017, with the unemployment rate falling to 20.7% of the workforce from 23.3% in October 2016, Eurostat said on Wednesday.
In a report released here, the EU executive's statistics agency said however that the Greek unemployment rate remained the highest in the European Union. It was 20.8% in September 2017.
In the Eurozone, the unemployment rate was 8.7% in December 2017 and 7.3% in the EU, the lowest levels since January 2009 and October 2009, respectively. The unemployment rate was 9.7% and 8.2% in the Eurozone and the EU, respectively, in December 2016.
ANA-MPA