Greece unemployment up to 28%

All together, around 1.38 million in Greece are unemployed, with this figure expected to rise further in the first three months of 2014.

Greece unemployment up to 28%

World Bulletin / News Desk

Harsh austerity measures have failed to stop the Greek economy from shrinking, and none feel the effects of this more than the people.

It was revealed today that unemployment in Greece reached a new record high in November, peaking at 28%, more than twice the average rate in the Eurozone.

Joblessness is an even worse crisis among under 25s, 61.4% of whom are out of work.

All together, around 1.38 million in Greece are unemployed, with this figure expected to rise further in the first three months of 2014.

The figures contradict statements by the Greek government, which claim that the country's six-year recession in due to end this year.

At the beginning of the Eurozone crisis when Greece received its first bailout in May 2010, unemployment in Greece stood at 12%. 

Last Mod: 13 Şubat 2014, 14:45
Add Comment