Greek unemployment rises to 28 percent, a record high
Greek unemployment rose to new heights in November of last year, reaching a record 28 percent from a downwardly revised 27.7 percent in the previous month, the Hellenic Statistical Authority (ELSTAT) said on Thursday.
The rate is more than double the average in the 28-member eurozone of 12.1 percent in November, emphasizing the impact of more than three years of austerity on the employment sector in Greece.
Youth unemployment remained exceptionally high, hitting 61.4 percent in November of last year, according to ELSTAT.