Greece's unemployment rate rose to a record 25.1
per cent in July, up from 24.8 per cent in the previous month, the
Hellenic Statistical Authority (ELSTAT) said in a statement on
"Unemployment in July 2012 was 25.1 per cent, compared with 17.8 per cent in July 2011," the agency added. The country is battling a fifth year in recession.
According to ELSTAT, 1.26 million Greeks were jobless in July. The worst affected was the 15-24 age group, where unemployment reached 54.2 per cent.
Most Popular Stories
- Alabama House Speaker Arrested on Felony Ethics Charges
- 'Fury' Blows 'Gone Girl' Out of the Box Office
- Microsoft's Cloud Platform Shines
- Turkey to Help Kurds Reach Fight in Kobani
- German Intelligence Blames Ukraine Rebels for MH17
- ISIS Seeks to Expand Terror War
- Perez Leads Push for Obama's Job Proposals
- 2016 Camaro Shrinks, Moves to Caddy Platform
- Prius Drivers Battle Stereotypes
- Clinton Rallies Early Vote for Landrieu