Jobless rate increases to 26% in Greece
Source: Agencies |
December 7, 2012, Friday
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Print Edition
Print Edition
GREECE'S unemployment rate rose to 26 percent in September, as the country heads toward a sixth year of recession.
The Greek Statistical Authority announced yesterday 1.295 million people were recorded as being unemployed in September? pushing up the jobless rate up from 25.3 percent the previous month and 18.9 percent a year earlier.
The number of people employed stood at 3,695,053 while another 3,373,692 were listed as financially inactive, according to a statement with September data.
Greek unemployment has surged due to harsh austerity measures.
The Greek Statistical Authority announced yesterday 1.295 million people were recorded as being unemployed in September? pushing up the jobless rate up from 25.3 percent the previous month and 18.9 percent a year earlier.
The number of people employed stood at 3,695,053 while another 3,373,692 were listed as financially inactive, according to a statement with September data.
Greek unemployment has surged due to harsh austerity measures.
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