Tuesday, September 04, 2012

Greece's Unemployment Rate to Hit 29% in 2013: Union


"Our estimate is that in 2013, unemployment will be between 28 percent and 29 percent, more than 1.4 million people. That's because we expect the economy to remain in decline," the Economic Times quoted Savvas Rombolis, the head of research at the GSEE labor union, as saying on Monday.

Rombolis said the predictions will be published in a report on Thursday. Greece’s unemployment in May reached 23.1 percent, with the jobless rate for people aged under 25 hitting 54.9 percent .... http://www.presstv.ir