this post was submitted on 22 Jun 2024
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Europe

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[โ€“] xantoxis@lemmy.world 30 points 4 months ago* (last edited 4 months ago)

Holy crap it was 28% about a decade ago.

I'd be willing to bet this genius maneuver drives it back up.

Yeah, looking more closely at that graph, I'm noticing it starts in 2009, when Greece had The Crisis: sovereign debt soared thanks to the housing bubble collapse, and people taking a closer look at the actual books of the Greek state. Austerity measures are what led to the massive unemployment spike, and this 6-day work week is another version of austerity.

Austerity doesn't work. This graph couldn't be clearer about that fact.