ECONOMY

Unemployment rate rose to 23.1 percent in May

Unemployment in Greece has risen by more than 6 percentage points over the last year, according to statistics published on Thursday, which showed the jobless rate for May rose to 23.1 percent

This compares to 16.8 percent in May 2011 and 22.6 percent in April 2012. The number of employed amounted to 3,816,912 people, according to the Hellenic Statistical Authority (?LS???).

?he number of unemployed reached 1,147,372 while the number of inactive to 3,361,131.

The number of unemployed increased by 311,041 people compared with May 2011 – a 37.2 percent rate of increase – and by 34,141 people compared with April 2012 – a 3.1% rate of increase.

The highest unemployment rate was in the 15-24 age group, where it reached 54.9 percent, followed by the 25-34 age group, where it stands at 31.6 percent.