Greek Unemployment Rate Slightly Decreases

August 7, 2014
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ELSTAT confirmed today that the Greek unemployment rate decreased to 27.2% in May, compared to a 27.3% figure in April.

The nation's jobless rate is over double the average of the eurozone's which held a 11.6% rate in May. However, Greece is beginning to emerge from its financial crisis, and its economy is predicted to exit from the recession this year and enlarge by 0.6%, as reported by Reuters.

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