Greece's Youth Unemployment Rises To 64.2 Percent, Nation's Jobless Rate Climbs To 27%

  @MikeObel m.obel@ibtimes.com on

Greek youth unemployment in February rose to 64.2 percent, the government's Elstat statistics agency said Thursday.

The overall jobless rate in the debt-choked euro zone member country climbed to 27 percent from a downwardly revised 26.7 percent in January. That compares with a 24 percent unemployment rate for the monetary union as a whole and Germany's best-in-class 7.6 percent unemployment rate.

Greece's 64.2 percent jobless rate covers youths ages 15 to 24.

 

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