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Politics : Politics for Pros- moderated

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From: FJB	6/8/2011 3:05:36 PM
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Obama's socialist model falling apart in Greece. Jun 8, 9:15 AM EDT Greek joblessness at record as new austerity looms By ELENA BECATOROS Associated Press ATHENS, Greece (AP) -- Unemployment in debt-ridden Greece hit new record highs in March as government officials wrangled over tough new austerity measures required to tap the country's rescue funds. The jobless rate increased to 16.2 percent in March from 15.9 percent in February, the country's statistics agency said Wednesday. The total number of Greeks out of work was 811,340, up 40 percent from a year earlier, when the unemployment rate was 11.6 percent.

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