NEWS

Jobless rate hits a 10-year high

n expected to further weigh on the labor market.

The jobless rate rose to 12.4 percent in the three months to September, from 11.8 percent in the second quarter and 9.3 percent in the same period a year earlier, the Hellenic Statistical Authority (ELSTAT) said yesterday.

The statistics service said the number officially out of work was 621,938, with unemployment a much higher 24.2 percent in the 15-29 age group.

Conditions are worst in nort