The number of people unemployed
as a percentage of the labor force as measured by Eurostat. Higher unemployment
can reduce government revenues from payroll taxes. Rising unemployment can also
encourage political instability.
|
Country
|
Percentage
|
As of
|
|
Greece
|
27.0%
|
Nov 30
|
|
Spain
|
26.1%
|
Dec 31
|
|
Portugal
|
16.5%
|
Dec 31
|
|
Ireland
|
14.7%
|
Dec 31
|
|
Italy
|
11.2%
|
Dec 31
|
|
France
|
10.6%
|
Dec 31
|
|
UK
|
7.7%
|
Nov 30
|
|
Belgium
|
7.5%
|
Dec 31
|
|
Netherlands
|
5.8%
|
Dec 31
|
|
Germany
|
5.3%
|
Dec 31
|
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