ECONOMY

Top jobless rate in the EU

Greece holds the record among all European Union countries in terms of jobless rates.

Eurostat figures released on Friday showed that the unemployment rate in this country stood at 26.8 percent in October 2012, with Spain coming in second with 26.1 percent.

Greece also has the worst rate in the categories of jobless men (24.1 percent), women (30.4 percent) and the under-25s (57.6 percent).

In December 2012 the EU had 25.9 million jobless people, of whom 18.7 million were in the eurozone while 1.8 million had lost their job in the euro area within the last 12 months.

Greece also ranked top in the jobless rate increase as it soared from 19.7 percent in October 2011 to 26.8 percent last October.