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Greek unemployment drops to 9.5% in August

BY Reuters | ECONOMIC | 10/01/24 05:03 AM EDT

Oct 1 (Reuters) - Greece's jobless rate stood at 9.5% in August, down from 9.9% in July, data from statistics service ELSTAT showed on Tuesday.

Seasonally adjusted data showed 444,402 people were officially unemployed.

Unemployment impacted women more than men, at the rates of 11.6% and 7.7%, respectively.

The jobless rate for young people aged 15 to 24 years dropped to 19.4% in August from 28.3% in the same month in 2023, ELSTAT said. (Reporting by Antonis Pothitos and Olivier Cherfan in Gdansk)

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