September 6, 2018 / 9:13 AM / 2 months ago

Greek June unemployment falls to 19.1 pct, euro zone's highest

ATHENS, Sept 6 (Reuters) - Greece’s jobless rate dropped to 19.1 percent in June from a downwardly revised 19.3 percent in the previous month, falling to its lowest level since September 2011, data from the country’s statistics service ELSTAT showed on Thursday.

Seasonally adjusted data showed the number of unemployed at 909,258 people, with younger persons aged up to 24 bearing the brunt of being out of work.

Among younger persons aged 15 to 24, the jobless rate fell to 39.1 percent from 43.4 percent in the same month in 2017.

Greece’s jobless rate, which hit a record high of 27.9 percent in September 2013, has been coming down since but remains the highest in the euro zone.

The government expects unemployment to fall to 18.4 percent this year as the economy recovers, based on projections in its 2018 budget.

Greece’s economy expanded for a sixth straight quarter in April-to-June but at a slower pace than the quarter before.

Unemployment in the 19 countries sharing the euro was stable at 8.2 percent in June according to Eurostat. (Reporting by George Georgiopoulos)

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