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Greece / Long-term unemployment soars: More than six out of every 10 jobless people have been out of work for over a year

More than six out of every 10 jobless people in Greece have been out of work for over a year, according to Hellenic Statistical Authority (ELSTAT) data published on Thursday.

Fourth-quarter figures for 2012 put the unemployment rate at 26 percent, from 24.8 percent in the previous quarter and 20.7 percent a year earlier. The jobless number reached 1,295,535, with 65.3 percent having been without work for more than 12 months.

Chosen excerpts by Job Market Monitor 

Capture d’écran 2013-03-16 à 09.33.00

via ekathimerini.com | Long-term unemployment soars.

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