Outlook worsens for Greek jobs

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The Independent Online

Greek unemployment hit a record 27.2 per cent in January, up from 25.7 per cent in December and 21.5 per cent a year ago, with unemployment in the 15-24 age group at 59.3 per cent.

Greece is in its sixth year of recession and is reliant on international rescue loans. It has imposed strict spending cuts and tax increases that have hammered the already weakened economy.