off-the-wire

Greek unemployment drops to 10.9% in March

Kitco Media
By Reuters
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ATHENS, May 3 (Reuters) - Greece's jobless rate stood at 10.9% in March, dropping from a downwardly revised 11.3% in February, data from statistics service ELSTAT showed on Wednesday. Seasonally adjusted data showed 508,744 people were officially unemployed, with those under the age of 24 the hardest hit. Unemployment impacted women more than men, at the rates of 14.5% and 7.8%, respectively. The Greek government expects the jobless rate to ease to 12.6% in 2023 from 12.7% in 2022, with the economy seen growing by 2.3% this year.
(Reporting by Antonis Triantafyllou in Gdansk, writing by Lefteris Papadimas; Editing by Bernadette Baum)

Reuters Messaging: lefteris.papadimas.reuters.com@reuters.net))
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