Unemployment at new high of 28 pct in Nov, jobless up by 169 pct in four years

EconomyMacroeconomy Tags: ELSTAT, Labour, Unemployment

The seasonally adjusted jobless rate continued heading north, reaching 28 percent in November from a downwards revised 27.7 percent the previous month, according to the Hellenic Statistical Agency (ELSTAT). The November rate now holds the new high.

The rate of decrease in the number of employed accelerated in November with the absolute figure easing to 3.55 million from 3.59 million in November. The number of employed has posted a 20.6 percent drop compared to November 2009, when the crisis in Gre...

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