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Last updated: September 12. 2013 6:39AM - 191 Views
Associated Press



Teachers protest against the government austerity measures that threaten their jobs, outside the Greek parliament in central Athens, on Tuesday, Sept, 10, 2013. Unions representing high school teachers in Greece have voted to hold "long-term" strikes starting Sept. 16 against public sector staff cuts ordered by the government as part of its bailout agreements. The conservative-led government plans to sack 15,000 state employees by the end of 2014, and place another 25,000 in a program of mandatory suspensions and job transfers. The flags contains anti austerity slogans . (AP Photo/Dimitri Messinis)
Teachers protest against the government austerity measures that threaten their jobs, outside the Greek parliament in central Athens, on Tuesday, Sept, 10, 2013. Unions representing high school teachers in Greece have voted to hold "long-term" strikes starting Sept. 16 against public sector staff cuts ordered by the government as part of its bailout agreements. The conservative-led government plans to sack 15,000 state employees by the end of 2014, and place another 25,000 in a program of mandatory suspensions and job transfers. The flags contains anti austerity slogans . (AP Photo/Dimitri Messinis)
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(AP) Unemployment continues to rise in recession-hit Greece, with the overall rate reaching 27.9 percent in June. Even worse, 58.8 percent of people under age 25 are out of work.


The Greek Statistical Authority reported Thursday that the jobless rate had risen from 24.6 percent the previous year. In June 2008 before the global financial crisis bared its teeth and Greece entered recession, the rate stood at 7.3 percent.


The jobless total stood at just over 1.4 million. In addition, around 3.33 million people in Greece are considered inactive, just shy of the 3.63 million in work.


Years of emergency taxes, pay cuts, and other austerity measures implemented as a condition of international bailout loans have hammered Greece's private sector.


The conservative-led government has promised to end the recession next year.


Associated Press
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