[QODLink]
Europe

Unemployment in Greece at 27 percent

Finance minister says economic recovery to begin next year as the government says its focus is on jobs.

Last Modified: 10 May 2013 08:58
Email Article
Print Article
Share article
Send Feedback

Latest figures show that 27 percent of Greece's workforce are unemployed, with youth unemployment reaching 62 percent, the highest in the European Union.

The conservative government says it is focusing on jobs rather than austerity. The new figures suggest that the economy may have created 38,000 more salaried jobs in March and April than it eliminated.

Greece's finance minister said on Thursday the economy will start to recover next year.

Al Jazeera's John Psaropoulos reports from Athens.

77

Source:
Al Jazeera
Email Article
Print Article
Share article
Send Feedback
Topics in this article
People
Country
City
Organisation
Featured on Al Jazeera
Western fighters have streamed into the Middle East to help 'liberate' Arab countries such as Syria and Libya.
The Pakistani government is proposing reform of the nation's madrassas, which are accused of fostering terrorism.
Weaving and handicrafts are being re-taught to a younger generation of Iraqi Kurds, but not without challenges.
The author argues that in the new economy, it's people, not skills or majors, that have lost value.
Featured
After years of rapid growth, Argentina is bracing for another economic crisis as inflation eats up purchasing power.
Deaths of 13 Sherpas in Nepal has shone a light on dangerous working conditions in the Everest-climbing industry.
Al Jazeera investigation uncovers allegations of beatings and rape in Kenya's ongoing anti-terrorism operation.
Incumbent Joyce Banda has a narrow lead, but anything is possible in Malawi's May 20 elections.
Western fighters have streamed into the Middle East to help 'liberate' Arab countries such as Syria and Libya.
join our mailing list