More than half young Greeks are unemployed

Greece’s jobless rate climbed to a new record in May 2012 of 23.1%, underlining how austerity prescribed to slash deficits and keep bailout funds flowing is hitting the economy on which recovery depends.

Greek youth unemployment marked another record high at 54.9%.

• Primary Source

Website: Hellenic Statistical Authority (EL.STAT) http://www.statistics.gr/portal/page/portal/ESYE

ESO: Key source: The Greek Debt Crisis http://www.europeansources.info/record/the-greek-debt-crisis-key-sources/

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