Covered at Reason 24/7: Greek Unemployment Hits New Record High of 26.4 Percent

baad247428 Covered at Reason 24/7: Greek Unemployment Hits New Record High of 26.4 Percent

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.

From Business Insider:
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.
Follow these stories and more at ;Reason 24/7 ;and don’t forget you
can e-mail stories to us at 24_7@reason.com and tweet us
at ;@reason247.

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Covered at Reason 24/7: Greek Unemployment Hits New Record High of 26.4 Percent


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