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Thursday, February 13, 2014

Greek jobless rate hits new record of 28 percent in November

Greece's jobless rate scaled a new high of 28 percent in November, data showed on Thursday, with no let up in the pace of job shedding despite tentative signs of economic recovery elsewhere. Unemployment inched up to 28 percent from a revised 27.7 percent in the previous month, as the labour market continued to buckle amid the country's austerity-fuelled economic slump. "As expected, the labour ...

READ THE ORIGINAL POST AT finance.yahoo.com