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Greek Unemployment Hits Record High 27.4%

Thursday, 13 Jun 2013 | 6:15 AM ET
Jobseekers wait outside the entrance to an OAED employment office in Athens, Greece.
Simon Dawson | Bloomberg | Getty Images
Jobseekers wait outside the entrance to an OAED employment office in Athens, Greece.

Greece's jobless rate rose to 27.4 percent in the first quarter of 2013 from 26 percent in the previous three-month period as economic activity slumped, the country's statistics service said on Thursday.

Read more: (Greeks Strike Over State TV Closure as Backlash Grows)

It was the highest quarterly unemployment rate since this data series started in 1998. The jobless rate in the first quarter of 2012 was 22.6 percent.

Watch now: (Is Greece Heading for a New 'Political Crisis'?)

Greece has already published monthly unemployment figures up to March.

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