Greek unemployment rate reaches record high of 27.6% in May

Source: WBPonline
© Scanpix\Reuters
The Greek jobless rate advanced to another record high level of 27.6% in May, after reaching 27% in April, damping analysts expectations of 26.9%. In the previous year the Greek jobless rate was at 26.1%, and in 2011 the measure was at 21.3%. Greek economic production declined 5.6% in the first quarter on a yearly basis. 

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