Joblessness in Greece continued to edge up in July, hitting 27.6 percent, up from 27.5 percent in June, even as the government expects employment levels to improve in 2014.
Data from the National Statistics Service on Thursday showed that 1.36 million people were out of a job in July, which marked a 10 percent rise over the corresponding period in 2012, as Greece continues to reel from austerity measures put in place to aid recovery from the nation's debt crisis.
Despite hopes of an improved employment picture in the coming year, forecasts predict joblessness will remain high, averaging around 26 percent, compared to 27 percent in 2013.
Gayathri writes about geopolitics and business for International Business Times. She began her career at the Times of India as news coordinator, before moving on to IBTimes...