Unemployment in Greece has grown every month since reaching record levels. Seasonally adjusted unemployment has reached 27.4%, a slight increase compared to August (27.3%), according to data from Eurostat that has been made public.
Greece now holds the title of having the highest level of unemployment in the entire European Union (27.4%). Other countries on the list include Spain (26.7%), Croatia (18.6%) , and Cyprus (17.3%). The lowest unemployment rates were recorded in Austria (4.8%), Germany (5.2%), and Luxembourg (6.1%). The biggest jumps in unemployment within a year recorded were Cyprus (13.3% to 17.3%) , Italy (11.3% to 12.7%) and Greece (26% in September 2012 to 27.4% in September 2013) ,
In Greece, the number of unemployed persons reached 1,376,000. The unemployment rate among men was 24.5% and females 31.4% . According to the European Statistics Office (Eurostat), the number of unemployed people in the Eurozone rose to 19.2 million persons, while the unemployment rate among people under 25 years old remained at a stable 24.2% .
Samaras’ Greece can now be known as the land of the unemployed, where the Greek taxpayer is unable to earn a livelihood. The reforms of the government have further impoverished struggling Greeks and fully subordinated the life of the common man to the imperatives of international finance.
The only solution to this crisis is the immediate termination of the Memorandum and a social-nationalist economic system that will return primary production to the homeland, so we can regain a prosperous a healthy economy.