Greece's Unemployment Nightmare Continues To Get WorseSubmitted by emalvini on Thu, 08/08/2013 - 11:43
Greece's Unemployment Nightmare Continues To Get Worse
STEVEN PERLBERG | AUG. 8, 2013, 9:41 AM
Greece's jobless rate climbed to 27.6% in May, a new record high.
Amid unpopular austerity measures like wage cuts and tax hikes, Greece's figure is more than double the 12.1% average June rate in the eurozone, Reuters reports.
Greece's youth population continues to struggle the most, with the jobless rate at 64.9% for those aged 15-24. For the 25-34 crowd, the rate was 37.7%.
This chart via Reuters' Pedro da Costa shows just how bad the situation has gotten.