Almost 10 million out of 43.7 million part-time workers in the European Union were under-employed in 2013. As Bloomberg Brief's Niraj Shah notes, based on Eurostat's Labour Forces Study, a record 72 percent of Greek part-time workers wished to work more hours compared with 4.2 percent in the Netherlands.
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Maybe the Dutch should lay some more people off to lower their bond yields? As we explained in great detail here, the Greek "recovery" is a mirage and these numbers do not lie [7].
Source: Bloomberg Briefs ( @economistniraj )