Covered at Reason 24/7: Greek Unemployment Hits New Record High of 26.4 Percent
- OurStudio
- Mar 14, 2013
- 1 min read
Sometimes the grass is even browner on the other side. Greece, the latest (but not only) "sick man of Europe" has posted a record high unemployment rate for the first quarter of 2013.
Greek unemployment hit 26.4 percent last quarter, a new record according to AP.It was 2.6 points higher than Q3 2012 and 5.7 percent higher than Q4 2011. The figure ticked an astonishing 57.8 percent among Greek youth.
It might be even higher counting people who aren't remotely interested in working.
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