Greek Unemployment Continues Skyrocketing
While most other advanced economies returned to positive GDP/GDI/GNP growth by 2010, Greece, having agreed upon a set of painful austerity measures, remains mired in its now third strait year of economic contraction, and is now enduring phenomenal spikes in joblessness.
Bloomberg
Greek Unemployment Rose in December, Extending Record High
Greece’s unemployment rate climbed for a sixth month in December, increasing more than economists estimated as it extended a record high.
The unemployment rate rose to 14.8 percent from 13.9 percent in November, the Hellenic Statistical Authority said today in an e-mailed statement from Athens. The rate, which was higher than the median 14.5 percent estimate of three economists in a Bloomberg News survey, set a new record high after reaching 12.2 percent in August, the highest since Greece began releasing monthly jobless figures in 2004...
Bloomberg
Greek Unemployment Rose in December, Extending Record High
Greece’s unemployment rate climbed for a sixth month in December, increasing more than economists estimated as it extended a record high.
The unemployment rate rose to 14.8 percent from 13.9 percent in November, the Hellenic Statistical Authority said today in an e-mailed statement from Athens. The rate, which was higher than the median 14.5 percent estimate of three economists in a Bloomberg News survey, set a new record high after reaching 12.2 percent in August, the highest since Greece began releasing monthly jobless figures in 2004...