More than 1 in 4 Greeks are still out of work

Amid the rancor over its debt restructuring efforts, it is important to remember just how bad things are in Greece.

The government today (April 9) will make a €458 million euros ($496 million) interest payment to the International Monetary Fund, or so it has assured IMF chair Christine Lagarde. Greece also reported its January unemployment rate, which stands at 25.7%. That’s a slight decrease from December, but the 31st consecutive month that the figure has been higher than 25%.