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Greek Statistics Office confirms 25.4 percent unemployment

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Greek unemployment hit a new record of 25.4% in August as five years of recession and government spending cuts continued to take their toll, with young people hit hardest.
The Greek statistics office ELSTAT said the seasonally-adjusted jobless number rose to 1.27 million in August, up 352,000 from the same month a year earlier when the unemployment rate stood at 18.4%. In July 2012, the figure was 24.8%

via CNN

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza

@alfonso_forex

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