ELSTAT: 11% unemployment in February 2024

11% formed its percentage in our country in February 2024, against the revised downwards 11.2% in February 2023 and the revised upwards 10.6% in January 2024. More specifically, 524,428 people were unemployed, recording a 283 drop compared to February 2023 (0.1%) and an 18,733 increase compared to January 2024 (3.7%). In women the unemployment rate rose to 14.2% from 15.2% in February last year and men to 8.4% from 8%. By large age groups, in group 15 – 24 the unemployment rate was 25% from 27.6% in February 2023 and in ages 25 – 74 years to 10.3% from 10.2%. According to the ELSTAT labour force survey, employees rose to 4,228,417 persons, increasing by 76,736 people compared to February 2023 (1,8%) and a 38,712 reduction compared to January 2024 (0.9%). Finally, persons under the age of 75 who are not included in the labour force, or ‘people outside the labour force’ (persons who do not work or seek employment), amounted to 3,034,624 persons, taking a 97,400 reduction compared to February 2023 (3,1%) and an increase of 17,617 persons compared to January 2024 (0,6%). SOURCE: RES-BE