1.  1 in 4 Greek workers unemployed as joblessness hits record 25.4%
November 8, 2012
Greece’s unemployment rate reached a record high of 25.4 percent in August, with 1 in 4 of the country’s workers now jobless, the country’s statistics service reported. The figure is more than double the eurozone average of 11.5 percent for August.
­The unemployment rate in Greece has increased by 0.6 percent points since July, when it recorded at 24.8 percent, ELSTAT reported on Thursday. The figure marked the 35th consecutive month of rising unemployment in Greece.
The report states that in August, 36.5 thousand Greeks lost their jobs, bringing total unemployment to 1.27 million.
Young people are the group hardest hit by employment, with a 58 percent jobless rate for those between the ages of 15 and 24.
The Greek parliament voted to pass the latest austerity package Wednesday as thousands rallied in protest against further spending cuts. Riots broke out on news that the further belt-tightening measures had been approved. 
At least 100 people were arrested as firebomb-throwing demonstrators clashed with riot police, who used tear gas and water cannons to quell the protests.
Source

    1 in 4 Greek workers unemployed as joblessness hits record 25.4%

    November 8, 2012

    Greece’s unemployment rate reached a record high of 25.4 percent in August, with 1 in 4 of the country’s workers now jobless, the country’s statistics service reported. The figure is more than double the eurozone average of 11.5 percent for August.

    ­The unemployment rate in Greece has increased by 0.6 percent points since July, when it recorded at 24.8 percent, ELSTAT reported on Thursday. The figure marked the 35th consecutive month of rising unemployment in Greece.

    The report states that in August, 36.5 thousand Greeks lost their jobs, bringing total unemployment to 1.27 million.

    Young people are the group hardest hit by employment, with a 58 percent jobless rate for those between the ages of 15 and 24.

    The Greek parliament voted to pass the latest austerity package Wednesday as thousands rallied in protest against further spending cuts. Riots broke out on news that the further belt-tightening measures had been approved.

    At least 100 people were arrested as firebomb-throwing demonstrators clashed with riot police, who used tear gas and water cannons to quell the protests.

    Source

    1. travelrschronclessiadmt reblogged this from thepeoplesrecord
    2. newzat10 reblogged this from disciplesofmalcolm
    3. lil-reina reblogged this from aloofshahbanou
    4. terminalimpacts reblogged this from aloofshahbanou
    5. aloofshahbanou reblogged this from facelessinblack
    6. pottermoreorless reblogged this from sosungjackskellington
    7. clauclaudia14 reblogged this from ilyxmaya
    8. ilyxmaya reblogged this from funkadelicdevil
    9. tatrtotz reblogged this from socialistexan
    10. aetherclaw reblogged this from bwansen
    11. bwansen reblogged this from burningonyx
    12. vvisdom-tree reblogged this from sliverdemon
    13. sliverdemon reblogged this from vvisdom-tree
    14. hypergiants reblogged this from anarcho-queer
    15. octobriana reblogged this from anarcho-queer
    16. spiffymuffin reblogged this from ratgrrrl
    17. humboldtoctober reblogged this from socialistexan
    18. sawyeriii1776 reblogged this from evelark
    19. evelark reblogged this from obscenepromqueen
    20. obscenepromqueen reblogged this from thechocolatebrigade
    21. occupyv reblogged this from thepeoplesrecord
    22. revolutionizeyourworld reblogged this from mochente
    23. cerberusandcompany reblogged this from thehonza and added:
      And the fascist party is trying to take over. Lets not forget that fun factoid.
    24. faeryteahouse reblogged this from thechocolatebrigade
    25. stonecoldcarter reblogged this from thechocolatebrigade and added:
      we should be paying attention to the protestors and those in revolt in Greece, the birthplace of democracy.
    26. george-allan reblogged this from kampkrustykids
    27. kampkrustykids reblogged this from anarcho-queer
    28. sleepless-sky reblogged this from thechocolatebrigade
    29. garulfo-dalthingi reblogged this from sinidentidades
    30. therokebyvenus reblogged this from tr0tskitty
    31. turpentine-and-lace reblogged this from proletarianinstinct
    32. descartesmeaway reblogged this from thechocolatebrigade
    33. ltkittenscratch reblogged this from ravenshadows

The People's Record

Paper theme built by Thomas

Recent Post

Read more