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Data shows jump in Greece jobless rate to 27.6% in July
Official figures show that the unemployment rate in Greece jumped to 27.6 percent in July from a revised 27.5 percent in June, as the financial crisis continues to take its toll on jobs in the country.
Greece’s statistics service ELSTAT said on Thursday that 1.36 million people were unemployed in July, up ten percent from a year earlier.
The country’s jobless rate was over twice the eurozone’s...
Greece's unemployment rate hits 26.4%
People wait outside an unemployment bureau in the Greek capital, Athens.
Official figures show that the unemployment rate in Greece rose above 26 percent in December 2012, as the country embarks on its sixth year of recession.
The Greek statistics office ELSTAT announced on Thursday that the unemployment rate hit 26.4 percent in December, which is five percent more than the data registered in 2011.
The...
Greece Public Debt And Deficit Worse Than Estimated
Provisional figures released by Greece’s national statistics authority have shown the country’s deficit and public debt for 2011 are worse than estimated.
According to provisional data published by ELSTAT statistics agency on Monday, the 2011 deficit stood at 9.4 percent of gross domestic product and the public debt at 170.6 percent.
“The revisions as regards the debt ratios are primarily...
Greek jobless rate record high in May
Jobless Greeks line up outside an unemployment bureau in Athens
Unemployment rate in crisis-struck Greece hit an all-time high of 23.1 percent in May as the country struggles through a fifth year in recession, says the national statistics agency.
New data, released by Elstat on Thursday, showed that 1.15 million people were out of work in Greece, compared with 3.82 million, who had jobs.
The jobless...