Greek unemployment rate scales new high in April update

Greece's jobless rate scaled a new high in April, as a crippling recession takes its toll after more than three years of austerity implemented in exchange for funds under an international bailout deal.Unemployment rose to 26.9 percent from 26.8 percent in March, the highest reading since statistics service ELSTAT began publishing jobless data in 2006. It is more than twice the average rate ...

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