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These Charts Illustrate Just How Bad Things Are in Greece

Dec. 6, 2012 9:50am

Presented with limited commentary. The charts speak for themselves.

Total workers employed in Greece:

These Charts Show how bad Greek Unemployment Has Become

Total workers unemployed in Greece:

These Charts Show how bad Greek Unemployment Has Become

And the Greek unemployment rate:

These Charts Show how bad Greek Unemployment Has BecomeFrom Zero Hedge:

It took one month for the 2013-2014 Greek medium-term unemployment target rate to be hit. The target rate? A grotesque, all time high 26%. Because as Elstat reports, this is what Greek unemployment already was in the month of September. Which means that at the time Greece was preparing its latest “Third Greek Bailout” projections in November, the rate was already well above the long-term target.

Elstat also tells us that in September, the total number of actively employed Greek workers (including government) was a tiny 3,695,053. The number of persons unemployed: 1,295,203, while the inactive ranks swelled to 3,373,692. As a reminder, last month’s 25.4% unemployment rate has been promptly surpassed in a few weeks. Finally, that powderkeg of conflict, youth unemployment, was a jawdropping 56.4%.

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All graphs courtesy Elstat.

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Comments (53)

1 2
  • Hoax And Chains
    Posted on December 6, 2012 at 5:22pm

    Unfortunately, coming to American cities everywhere. Libs will somehow still blame Bush and the GOP, ignoring the Democrats.

    Report this comment

    Hoax And Chains  
  • sophiepaul
    Posted on December 6, 2012 at 4:48pm

    The end is drawing near for some.

    Report this comment

    sophiepaul  
  • Centralsville
    Posted on December 6, 2012 at 3:54pm

    I watched a little MSNBC last night. Sometimes I like to see how the idiots are covering the news. They were talking about the tragedy of the economy in Greece. They were completely clueless that liberal socialism was bringing exactly the same tragedy to America. With our debt our money and economy are already fake. Reality will catch up, it is just a matter of time. And these liberals remain clueless. Liberals are all either completely stupid or possessed by Satan and blinded.

    Report this comment

    Centralsville  
  • sophiepaul
    Posted on December 6, 2012 at 3:36pm

    Western civilization started in Greece. Could this mark the end of civilization as we know it? Just because the world is not exploding doesn’t mean it’s not going to end for some. It’ll transform itself into what?

    May I suggest here to the Greeks, sell all your culture and land to China, Apple or some other cash-swimming entity? They are precious and have a lot of value! http://bit.ly/TMIdY0

    Report this comment

    sophiepaul  
  • Deliverance_from_the_left_now
    Posted on December 6, 2012 at 3:18pm

    All we have to do is give the president unchecked power to barrow money and just print more and more currency…O’ wait a second…that is what they’re doing…O’ crap, ignore me…I went mindless zombie liberal for a second…OK I’m back now.

    Report this comment

    Deliverance_from_the_left_now  
  • nelan72
    Posted on December 6, 2012 at 1:56pm

    Do you see the bottom of this cliff? No? When you hit the bottom they will put US in the debt roll.

    Report this comment

    nelan72  
  • ginger100
    Posted on December 6, 2012 at 12:19pm

    Way to depopulate a country, starve em out

    Report this comment

    ginger100  
  • AllLost
    Posted on December 6, 2012 at 12:02pm

    First, I would like to see the same chart with US actual unemployment.

    Second, we are worse than Greece right now. The difference is that we can print our own currency which happens to be the global standard. We are living in a false reality which will soon shatter.

    Report this comment

    AllLost  
    • JRook
      Posted on December 6, 2012 at 12:22pm

      Let’s show a compound graph which has graph showing the distribution of wealth over the past 20 years. Oh and include the wealthy who have already left

      Report this comment

      JRook  
    • Fubared
      Posted on December 6, 2012 at 4:04pm

      Lets show rookie not sitting on his thumb graph, superimposed over pantload after an avon sale graph.

      Report this comment

      Fubared  
    • FIRESTORM6
      Posted on December 7, 2012 at 12:49pm

      You are right the EAU’s Debt was something like 2 trillion and they didn’t have the luxury of having their currency as the marker for the world. we have 14 trillion in debt and are still spending more. what the looney left fails to realize is the the guy they voted for is devaluing their net worth. and yet the Micheal Moore’s and the J. Lo’s etc etc are destroying their very own wealth. My doctor friend who is Jewish told me once When I asked him why do so many of the Jewish faith stand against Israel and he replied that ideology trumps religion and moral relevancy. That liberal and progressiveness trump everything else including Judaism.

      Report this comment

      FIRESTORM6  
  • Chromo200
    Posted on December 6, 2012 at 11:30am

    The progressives in this country don’t believe that they are taking this country down the the Greece pathway. They believe that they will not make or are making the same mistakes as the Marxists in Europe and Russia, Cuba, Venezuela. They believe they are the smartest people on earth.

    But when we become Greece and loose our industrial power, they will say, “sorry I did not know better, and you should have been more persuasive.” They never take responsibility to their actions.

    Report this comment

    Chromo200  
  • vincijoey49
    Posted on December 6, 2012 at 11:16am

    Through decades of mass media messaging the masses have been conditioned to believe whatever those in power want them to believe. To our invisible government rulers we are nothing but rats to be manipulated through food pellets and shock therapy. Pleasure and fear of pain are the drivers of our warped society. The ruling oligarchs truly think they know what is best for the masses and believe any means is worthwhile as long as the ends support their agenda. This is blatantly obvious to anyone with their eyes open and their brain functioning. Sadly, the government run educational system produces mostly drones that are barely able to tie their own shoes, spell Cat, or make change from a one dollar bill. Only 20% of all high school seniors score high enough on the SAT test to get a B minus in college and most of these kids come from private and parochial schools. This is exactly what those in power prefer. They want non-critical thinking, mindless consumers, who don’t understand the criminal nature of Federal Reserve created inflation or their enslavement in the chains of debt at the hands of their Wall Street slave owners. They certainly don’t want the masses to understand that real median household net worth is lower today than it was in 1969. Luckily for the oligarchs, 95% of the public couldn’t define the terms: real, median or net worth. Math is hard.

    Report this comment

    vincijoey49  
  • sbenard
    Posted on December 6, 2012 at 11:16am

    I work in the financial markets. These charts are our future, too!

    But it will be worse because there is no Europe to bail us out when we hit the debt brick wall.

    Calamity is certainty. Plan and prepare accordingly!

    Report this comment

    sbenard  
  • willingtoupe
    Posted on December 6, 2012 at 11:03am

    Thats why there are booming escort businesses over there as well as other countries in the eastern part of the euro zone. It’s gonna be the same here real soon. Lot of desperate middle aged divorcees, ex-wives and ex-girlfriends, emotionally abandoned young daughters in colleges, and well kept single moms. I am ready and waiting, hence my name….

    MOOO HOOO HOOO HOOO HAA HAA HAAA AAAAHHHHH!

    Report this comment

    willingtoupe  
  • barber2
    Posted on December 6, 2012 at 11:02am

    Where is the OUTRAGE over the Obama Administration’s gift of guns to the Libyan rebels ? Where is the Benghazi investigation ? Four Americans died and the Obama Administration lied ! ( they called the lies ” talking points “) WAKE UP.

    Report this comment

    barber2  
    • sandtown
      Posted on December 6, 2012 at 2:33pm

      There is and has been something outrageous occuring every week during the current administration. Now, he wants to arbitrarily raise the debt ceiling without approval of congress. I hate to say it but, Benghazi is so…..yesterday.

      Report this comment

      sandtown  
  • RodT82721
    Posted on December 6, 2012 at 10:52am

    Are you sure these are from Greece?
    This is the same results from all of the liberals running our govt since January 2007. They love to blame Bush, but if we had a real non-partisan media, our economy response to all of Barry’s failures would look just like these graphs.
    But since the administration gets to put out the data, the are always “filtered” for effect.
    We are truly now a Natins of sheep.

    Report this comment

    RodT82721  
  • MrEDS
    Posted on December 6, 2012 at 10:43am

    Lets just turn Greece into a homeless shelter. Its the sane thing to do.We can send unemployed liberals there.

    Report this comment

    MrEDS  
  • bikerdogred1
    Posted on December 6, 2012 at 10:39am

    They got what the wanted,socialism at its best,they deserve everything that is coming their.

    Report this comment

    bikerdogred1  
  • gyro
    Posted on December 6, 2012 at 10:33am

    ok were is the chart of the IQ of obama voters vs union members

    Report this comment

    gyro  
  • Tickdog
    Posted on December 6, 2012 at 10:31am

    Soon that will be the US.

    Report this comment

    Tickdog  
    • Silvertruth
      Posted on December 6, 2012 at 10:56am

      In the big cities, perhaps, but rural areas or smaller cities and towns, people find a way to be productive and do things for their families.

      The very thing that makes socialism a dead end make capitalism always work… need. Socialism destoys to satisfy need, when there is nothing left to destroy, it fails and capitalism comes in. Capitalism builds and creates, it only fails when corrupted by socialism or being unthethered from some kind of real integrity.

      Report this comment

      Silvertruth  
  • cassandra
    Posted on December 6, 2012 at 10:20am

    I wish the union workers in Mi would wake up and see this as what will happen here in the US but they are all about themselves they don’t want or don’t care about their children or grandchildren they are stupid useful idiots that think the democratic party is the same party of JFK they don’t care to do any research on what their beloved party has become and changed into the communists have infiltrated their party,the schools,the government and they keep voting for them nothing will wake them up until all their rights have been taken from them and they are standing in food lines or living in fema camps

    Report this comment

    cassandra  
    • bobinmichigan
      Posted on December 6, 2012 at 10:39am

      Right on! It is the same mentality that yesterday had a Detroit councilwoman asking Obama for bailout “bacon” because they voted for him.

      Report this comment

      bobinmichigan  
    • oldratboy
      Posted on December 6, 2012 at 10:58am

      You don’t have to “wake up” to vote for a Dem. You do not need to have any understanding, any morality, any wisdom, any work ethic, any love of country, any responsible understanding of our constitution, or any faith in anything other than the false god of the state. Democrats require nothing of their constituants other than their vote. They will never wake up because their is no requirement for it.

      Report this comment

      oldratboy  
    • CABERNETQHS
      Posted on December 6, 2012 at 11:07am

      The union workers in Ohio are just as bad obviously, look at the election results. I am a very rare conservative union member. There are a few of us attempting to talk reason with our coworkers, but really it’s like asking them to cut off an appendage to even consider another point of view, let alone look up facts on their beloved obama or any liberal for that matter. They are brainwashed to believe life as they know it will end if they lose control. Governor Kasich has grossly improved things in ohio and all I hear are crickets when I mention it. They don’t want their cushy life to change and can’t see what’s coming with their heads in the sand.

      Report this comment

      CABERNETQHS  
  • Think_4_yourself
    Posted on December 6, 2012 at 10:18am

    Actually the charts represent the following, Chart #1 is The Value of the US $, Chart #2 The number of people on food stamps, Chart #3, number of Obama Phones.

    Just sayin………

    Report this comment

    Think_4_yourself  
  • sb36695
    Posted on December 6, 2012 at 10:17am

    Coming soon to the USSA. FORWARD! off the cliff!

    Report this comment

    sb36695  
  • ArmedAndReallyPissed
    Posted on December 6, 2012 at 10:09am

    If they would adjust the dotted line at “2009″ and drag it down some, it would resemble the tip of Florida. All in due time, all in due time.

    Report this comment

    ArmedAndReallyPissed  
  • barber2
    Posted on December 6, 2012 at 10:01am

    Ah. I bet our Chicago radicals ,the Obama Administration, are already saying : ” If only those nasty rich ‘ would pay their fair share, ‘ this wouldn’t happen in Greece ! ” ( it’s the same collective message of the international Far Left union/ workers of the world / communists which our Chicago radicals have been supporting since the 60s. Like Bill Ayers, they all hate American capitalism ! )

    Report this comment

    barber2  
    • Frederick_Douglass_Republican
      Posted on December 6, 2012 at 10:18am

      They aren’t saying that. Greece has already been destroyed and is beyond recovery so there is no need to play class/sex/race warfare.

      Report this comment

      Frederick_Douglass_Republican  
    • barber2
      Posted on December 6, 2012 at 10:59am

      FRED: I disagree. With our Chicago radicals there is ALWAYS a reason to promote race/ class/ gender / age division ! That is the only way to destroy America from within. THAT is their goal. And you are no Republican .

      Report this comment

      barber2  
  • NONCENTS
    Posted on December 6, 2012 at 10:00am

    Wow…..I can’t even comprehend what this might look in real terms. It’s like they’ve been conquered and then discarded because the invaders found nothing of value there to be had.

    What on earth did they produce before the collapse?

    Report this comment

    NONCENTS  
  • ares338
    Posted on December 6, 2012 at 9:55am

    Zorba will have to move to the US…..WAIT!….We are just as screwed up!

    Report this comment

    ares338  
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