Greece's Unemployment Hits Record 26%
Greece's unemployment rate has risen to a record high of 26% in September, as the country heads to a sixth year of recession, the Greek state statistics agency (ELSTAT) said on Thursday.
The jobless rate rose from 25.3% in the previous month and 18.9% a year earlier, data indicated as cited by DPA.
Official figures showed 1.295 million people were unemployed, with women making up 30.1% compared to 22.3% a year. The percentage of unemployed men stood at 22.9%, compared to 16.4% a year ago.
Greece's jobless rate was especially high for the 15-24 age group with 56.4% compared to 47.6% for the same month in 2011.
The Greek unemployment rate has increased dramatically as a result of harsh austerity measures demanded by Greece's international creditors in exchange for rescue loans.
- » EU to impose sanctions on Russia Monday
- » Missing Malaysian Plane Tracked Off Western Coast – Report
- » Macedonia with Highest Share of Female MPs in Balkans
- » Stolen Passports on Disappeared Malaysia Plane Are 'No Terror Link'
- » Moscow Approves Humanitarian Aid to Sevastopol
- » Yanukovych: I Will Return to Kiev