Greek unemployment grows again in April as the country looks for relief from the holiday season

Unemployment in Greece grew again in April, rising to 26.9 per cent from 26.8 per cent the month before. Some 3.6m are now employed in Greece, compared to 1.3m unemployed and 3.3m inactive. Youth unemployment stands at 57.5 per cent.

It is hoped that the holiday season will provide some relief to the country, with the tourism industry projected to create 360,000 new jobs and generate average revenues of €18bn to €19bn over the next eight years - if the number of foreign arrivals grows in line with expectations.

Related articles