Greek unemployment rises to 27.9 percent in June youth rate at 58.8 percent

ATHENS, Greece -- Unemployment continues to rise in recession-hit Greece, with the overall rate reaching 27.9 percent in June. Even worse, 58.8 percent of people under age 25 are out of work. The Greek Statistical Authority reported Thursday that the jobless rate had risen from 24.6 percent the previous year. In June 2008 before the global financial crisis bared its teeth and Greece entered ...

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