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Greek Jobless Rate Up 9.16% in Dec‏ember

unemployment22Greece’s record unemployment rate of 26.8 percent – more than 55 percent for those under 25 – is worrying enough, but the speed at which it is going up is adding to the anxiety.
Registered unemployment grew 9.16 pct in December 2012, compared with the same month in 2011, and by 1.44 pct from November 2012, the Workforce Employment Organization (OAED) said.
According to AMNA, in a report, OAED said that the number of registered unemployed people totaled 797,578 in December, with the Southern Aegean region recording the highest percentage increase (11.89 percent) in the month. The percentage of unemployed men was 42.28 percent (337,242) in December with unemployed women totaling 460,336 (57.72 percent). Long-term unemployment was 42.27 percent (337,100), while people seeking jobs in the Attica region accounted for 36.5 percent of total unemployment, followed by Central Macedonia with 19.53 percent.
Unemployed people receiving unemployment benefits rose to 234,455 in December, up 9.27 percent from November, although it was slightly down compared with December 2011. Unemployed people in the 30-54 age group accounted for 64.24 percent of all unemployed, the below-30 age group accounted for 25.56 percent and the over-55 age group accounted for 10.21 percent.
New hirings totaled 49,494 in December, up 10.98 percent from December 2011, but down 27.07 percent from November 2012, while dismissals totaled 51,751, down 1.01 percent from December 2011 and down 36.26 percent from November 2012.

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