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Youth unemployment in Greece. Youth unemployment in Greece focuses on the 15–24 years old age group. Greece has the highest youth unemployment rate in the European Union as of May 2019 with a rate of 40.4% of youths between 15-24 unemployed. [1] This is far higher than the EU youth unemployment rate of 14.3% in 2019. [2]
Retrieved 14 April 2021. ^ " Ukraine Unemployment Rate Archived 2016-10-09 at the Wayback Machine."ieconomics.com. Retrieved on January 21, 2016. "Ukraine - Unemployment Rate." Employment rate in the EU27 fell to 64.6% in 2009. Countries surrounding the EU.
This is a list of countries by unemployment rate.Methods of calculation and presentation of unemployment rate vary from country to country. Some countries count insured unemployed only, some count those in receipt of welfare benefit only, some count the disabled and other permanently unemployable people, some countries count those who choose (and are financially able) not to work, supported by ...
The economy of Greece is the 54th largest in the world, with a nominal gross domestic product (GDP) of $250.276 billion per annum. [6] In terms of purchasing power parity, Greece is the world's 55th largest economy, at $430.125 billion per annum. [6] As of 2023, Greece is the fifteenth largest economy in the European Union.
The unemployment rate rose from below 10% (2005–2009) to around 25% (2014–2015). An estimated 36% of Greeks lived below the poverty line in 2014. [221] Greece defaulted on a $1.7 billion IMF payment on 29 June 2015 (the payment was made with a 20-day delay [20]). The government had requested a two-year bailout from lenders for roughly $30 ...
This is a list of OECD countries by long-term unemployment rate published by the OECD. ... Greece: 14.37%: 19.47% 10.80%
The crisis was worse than expected; Greek GDP contracted 17 percent from 2009 to 2012 instead of the expected 5.5 percent, and the unemployment rate was 25 percent instead of the forecast 15 percent. The IMF had underestimated the impact of deflation, and said that the country's reforms "failed to boost growth". [52]
The official unemployment rate in the 16 European Union (EU) countries that use the euro rose to 10% in December 2009 as a result of another recession. [151] Latvia had the highest unemployment rate in the EU, at 22.3% for November 2009. [152] Europe's young workers have been especially hard hit. [153]