1.3 Million Greece / Unemployment Rate 26%, Youth 56%

Every month unemployment in Greece breaks a new record! According dat released by Greek Statistics Authority (ELSTAT) for September 2012: unemployment reached 26%, while the data for youth 15-24 years old skyrocketed to 56% – despite the lowering of the minimum wage for this age group down to 510 euro gross per month.  Officially, at least 1,295,203 people in Greece are without a job. Unofficially, the number is much higher as in ELSTAT survey are not included self-employed and freelancers or part-timers. More than 1,000 people lose their work place on a daily basis.

Choosen excerpts by Job Market Monitor from

via 1.3 Million Greeks Without Job: Unemployment 26%, Among Youth 56%.