Greece jobless rate hits new record
Thursday, 13 February 2014
The jobless rate in Greece reached a record high of 28 per cent in November, according to newly released government figures. The rate increased from 27.7 per cent in the previous month. For those under the age of 25, unemployment hit 61.4 per cent. Harsh austerity measures have led the Greek economy to shrink by a quarter in four years. However, other economic indicators have suggested that there are signs of recovery. The BBC's Mark Lowen in Athens says the bleak unemployment numbers are in contrast to a message that the government has been trying to push: that Greece has turned a corner, with six years of recession due to end this year and light on the horizon, according to a news agency.