Greek Unemployment Rate Records Biggest Percentage Decline in EU, Eurostat Says

Greek Unemployment Rate Records Biggest Percentage Decline in EU, Eurostat Says

The Greek unemployment rate recorded the biggest percentage decline in the EU in the September 2016 - September 2017 period, falling from 23.2% to 20.5%, Eurostat said on Tuesday.
In a report released here, the EU executive's statistics agency noted, however, that the unemployment rate in Greece remained the highest in the EU. The unemployment rate in Greece fell to 20.5% in September from 20.7% in August.
In the Eurozone, the unemployment rate fell to 8.7% in November, from 8.8% in October (there are no data available for Greece), to its lowest level since January 2009. In the EU, the unemployment rate eased to 7.3% in November from 7.4% in October, to its lowest level since October 2008. The unemployment rates were 9.8% in the Eurozone and 8.3% in the EU in November 2016.

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