Greek Unemployment Rate Advances to 24.4 Percent in June
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Greece’s unemployment rate jumped to a record in June, approaching a quarter of the workforce as the country’s five-year recession deepened.
The jobless rate rose to 24.4 percent from 23.5 percent in May, according to an e-mailed statement from the Athens-based Hellenic Statistical Authority today. That’s the highest since the agency began publishing monthly data in 2004, and compares with a 23.5 percent median forecast from a Bloomberg survey of three economists.