NEWS

Greek jobless rate hits fresh record of 24.4 pct in June

Greece’s jobless rate scaled a new record high of 24.4 percent in June from an upwardly revised 23.5 percent in May, the country’s statistics service ELSTAT said on Thursday, as a deep, austerity-fueled recession continued to take a toll on the labor market.

Unemployment in Greece is more than twice the average jobless rate in the 17 countries sharing the euro. [Reuters]

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