(ANSAmed) – ATHENS, NOVEMBER 8 – Greece’s jobless rate rose for a 39th consecutive month to a new record of 25.4% in August, more than double the euro zone average, Kathomerini online reports quoting Greece’s statistics service ELSTAT. The jobless rate has more than tripled since the country’s five-year economic slump began in 2008. It now stands at 58% for those aged between 15 and 24 years, compared with 20% in August 2008.

http://www.ansamed.info/ansamed/en/news/sections/economics/2012/11/08/Crisis-Greece-unemployment-hits-25-4-August-new-record_7760469.html

Categories: Asset and Resource Hoarding, Escalation / Destabilization Conflict, Rebellion, Societal

Tags: Athens, August, August 2008, European Union, Eurozone, Greece, Recession, Unemployment