ATHENS, Dec 1 Reuters Greece39;s jobless rate eased to 11.6 in October from an upwardly revised 12 in September, data from statistics service ELSTAT showed on Thursday.

The reading was the lowest recorded since March 2010 at the start of Greece39;s decadelong economic crisis following the revision of last month39;s figure. Unemployment had reached its peak in the summer of 2013, and has been falling steadily since.

Seasonally adjusted data showed 542,941 people were officially unemployed, with those under the age of 24 the hardest hit.

Unemployment was worse among women than men, with the rates at 15.6 and 8.4 respectively.

Greece39;s economy is expected to grow by 1.8 next year, at a slower pace than initially expected, as soaring energy costs and higher inflation are seen hurting tourism and curbing domestic demand, the government39;s 2023 final budget projected last month.

Reporting by Karolina Tagaris; Editing by Alex Richardson

Source Reuters