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Thursday, June 6, 2013

Greek unemployment keeps heading higher.

Greek unemployment edged up to a fresh record of 26.8% in March from a downwardly revised 26.7% in February. The data comes a day after the IMF reportedly admitted major missteps in its prescriptions of austerity for Greece, including underestimating the damage it would do. While Greece's jobless figure is double the eurozone average of 12.2%

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