The Latest Employment Stats From Greece Are Terrifying

greece riots

Photo: AP Images

E Kathimerini has the latest unemployment stats for Greece, and, as you might have guessed, they’re not good.Here’s the basics:

  • Seasonally adjusted unemployment in January stands at a record 21.8%.
  • That’s a 3.1% rise from December.
  • And a 46.6% rise from January 2011.
  • Unemployment for 15-24 year olds has broken 50.8%.

Yep, that last figure even beats the reigning kings of youth unemployment, Spain.

With figures like this, perhaps we’re not surprised the situation seems to have entered a new, violent stage.

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