Soaring Unemployment

Unemployment is surging, having reached 27.9% in June, as against 24.6% in June 2012 according to the Hellenic Statistics Authority (ELSTAT). Unemployment for the young (up to 24 years of age) has broken all records reaching 58.8%, while for the age group 25-34 it stands at 37.4%.
The areas hardest hit by unemployment are Epirus, Macedonia, Thrace, and Attica.
The number of employed person during June 2013 stood at a little over 3.6 million, while the unemployed came to 1.2 million. The economically inactive population was 3.3 million, during this time.
However, the rate at which jobs were lost fell slightly year on year in June registering 129,000, a decrease of 3.4%.
Unemploed persons registered with state employment bureau OAED, a portion of those accounted for by ELSTAT, surpassed the 1 million mark, after the agency recently released latest figures, after much delay.