Tuesday, 14 July 2015

In the 1970s, unemployment in Greece was 2%!

Anyone know what Greece wants to be in the Euro for? Darned if I know. Drachma plus 2% unemployment doesn't seem to bad to me - or perhaps I've missed something....:-)

The chart shows unemployment  in Greece. It’s my own creation, so errors are far from impossible. The source for the figures is here.

The vertical axis shows the average unemployment percent for successive 5 year periods,  with the first year of each 5 year period shown on the horizontal axis. The last period is actually a 4 year period.

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