BUSINESS

Greece 3Q unemployment rate at 24.8 pct

Greece's unemployment rate in the 3rd quarter of 2012 was 24.8 percent compared with 23.6 percent in the previous quarter, and 17.7 percent in the corresponding quarter of 2011, official statistics showed on Thursday.

The number of employed amounted to 3,739,018 persons while the number of unemployed amounted to 1,230,918, the Hellenic Statistical Authority (ELSTAT) said.

The number of employed persons decreased by 1.4 percent compared with the previous quarter, and by 8.3 percent compared with the 3rd quarter of 2011.

The number of unemployed persons increased by 5.3 percent compared with the previous quarter and by 40.2 percent compared with the 3rd quarter of 2011.

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