ECONOMY

Unemployment rises to 25.1 percent

Greece?s unemployment rate in July rose to 25.1 percent from a revised 24.8 percent in the previous month, according to data provided by the Hellenic Statistical Authority (ELSTAT) on Thursday.

The number of employed amounted to 3,763,142 persons. ?he number of unemployed amounted to 1,261,604 while the number of inactive to 3,356,276, data showed.

ELSTAT said the number of employed decreased by 329,086 persons (or 8 percent) compared with July 2011 and increased by 5,364 persons (or 0.1 percent) compared with June 2012.

The number of unemployed went up by 377,991 (or 42.8 percent) compared with July 2011 and by 23,255 persons (or 1.9 percent) compared with June 2012, ELSTAT said.

Inactive persons — that is, persons that neither worked neither looked for a job — decreased by 2,236 persons (or 0.1 percent) compared with July 2011 and by 3,406 persons (or 0.1 percent) compared with June 2012.