Greece’s Unemployment Reaches More Than Quarter of Workforce
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Greece’s unemployment rate climbed to more than a quarter of the workforce in July, extending its record high as the country’s five-year recession deepened.
The jobless rate rose to 25.1 percent from a revised 24.8 percent in June, the Athens-based Hellenic Statistical Authority said in an e-mailed statement from today. That’s the highest since the agency began publishing monthly data in 2004.