Sunday November 23, 2014 Search
Weather | Athens
18o C
10o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Greece unemployment rate climbs to 27 pct in November

Greeces unemployment rate in November rose to 27 percent from 26.6 percent in the previous month, according to data released Thursday by the Hellenic Statistical Authority (ELSTAT).

Unemployment in Greece was more than double the eurozone's average rate of 11.7 percent in November as an austerity-fueled recession continued to take its toll on the labor market.

More than 300,000 Greeks lost their jobs between November 2011 and November 2012, when the unemployment rate reached 27 percent.

ELSTAT said that the jobless rate rose by 6.2 percentage points from November 2011, when it was 20.8 percent.

Unemployment in Greece is now roughly double what it was at the beginning of 2010.

he number of unemployed came to 1,350,181 in November 2012 as 323,808 people had lost their jobs in the previous 12 months; a rate of 887 a day.

There as a small drop in the number of inactive people, who reached 3,339,982, slightly higher than the number of employed, which stood at 3,642,102 in November.

The highest rate of unemployment is in the 15 to 24 age group, where it stands at 61.7 percent.

This is followed by the 25 to 34 age group with 36.2 percent.

ekathimerini.com , Thursday February 14, 2013 (12:41)  
Fitch keeps Greek rating at B, outlook stable
More cash for banks with same papers
Growth to fuel rise in revenues
Commercial property draws interest from investors
Cyprus on agenda in Biden visit to Istanbul
The prospects for the resumption of stalled peace talks on Cyprus and the issue of energy security were among the matters discussed on Saturday by US Vice President Joe Biden and Turkish gov...
PASOK nixes Papandreou leadership challenge
The junior coalition partner PASOK rejected over the weekend a proposal by the partys former leader and ex-premier George Papandreou for the party to call an emergency congress and a subseq...
Inside News
INTERVIEW
Tokyo hopes to change the world
The 2020 Summer Olympic and Paralympic Games in Tokyo will serve as a springboard for the rebuilding of Japans image and economy following the triple blow of the earthquake, tsunami and nuc...
BASKETBALL
Big win for Greens, tight one for Reds
Panathinaikos scored a crucial as well as emphatic away win at Turow on Thursday that should see it qualify from its tough group to the top 16 of the Euroleague, while Olympiakos saw off vis...
Inside Sports
COMMENTARY
Extremism from a bygone era
There are times when we seem to be overcome by self-destructive madness. I hear various commentators and politicians speaking in extreme terms of a junta, of defections, gallows, collaborato...
EDITORIAL
No call for more games
Psychological warfare has been a part of the negotiations between the troika and Athens from the very start of the crisis. But the situation is much different now and troika decision-makers ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Cyprus on agenda in Biden visit to Istanbul
2. PASOK nixes Papandreou leadership challenge
3. Troika tests govt nerves as budget rift persists
4. Climate change to hit farming, Greek coastline
5. Piraeus nightclub shooting leaves 3 seriously injured
6. London court to rule on extradition of former judge
more news
Today
This Week
1. Extremism from a bygone era
2. No call for more games
3. Piraeus nightclub shooting leaves 3 seriously injured
4. PASOK nixes Papandreou leadership challenge
5. Climate change to hit farming, Greek coastline
6. Fitch keeps Greek rating at B, outlook stable
Today
This Week
1. Double quake on Atalanti fault line rattles Greek capital [Update]
2. Greece and Poland switch roles as young Greeks head to vibrant Eastern European country for better prospects
3. Anti-junta uprising anniversary to be marked amid tight security
4. Biden heads to Istanbul amid tension over Cyprus EEZ violation
5. Carlsberg takes control of Greek brewer Olympic Brewery [Update]
6. Every age has its collaborators
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.