Greece's unemployment rate increased further and reached a new record high in September as the deepening financial crisis in the debt-stricken economy continued to weaken the labor market, latest data showed Thursday.
The seasonally adjusted unemployment rate increased to 26 percent in September from 25.3 percent in August, which was revised down from 25.4 percent, the Hellenic Statistical Authority said. The latest figure was also significantly higher than 18.9 percent recorded in September 2011.
The unemployment rate among youth, aged between 15 and 24, was 56.4 percent in September, markedly higher than last year's figure of 47.6 percent.
There were around 1.3 million unemployed persons in the country at the end of September, sharply higher by 38 percent compared to last year. Month-on-month, the number of unemployed rose 2.8 percent.
The number of employed persons was around 3.7 million during the month, down 8.1 percent compared to last year. Month-on-month, employment dropped by 0.6 percent.
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