{"entity":{"iso2":null,"iso3":null,"name":"Algarve","slug":"algarve"},"indicator":{"licence":"CC BY 4.0 (Eurostat)","slug":"labour-market-slack-by-nuts-2-region","source":"Eurostat","source_url":"https://ec.europa.eu/eurostat/databrowser/view/lfst_r_sla_ga","title":"Labour market slack by NUTS 2 region","unit":null},"observations":[{"date":"2008-01-01","value":21.4},{"date":"2009-01-01","value":29.3},{"date":"2010-01-01","value":37.4},{"date":"2011-01-01","value":53.9},{"date":"2012-01-01","value":63.5},{"date":"2013-01-01","value":63.5},{"date":"2014-01-01","value":59.6},{"date":"2015-01-01","value":52.1},{"date":"2016-01-01","value":42.8},{"date":"2017-01-01","value":34.9},{"date":"2018-01-01","value":28.7},{"date":"2019-01-01","value":31.7},{"date":"2020-01-01","value":38.9},{"date":"2021-01-01","value":35.2},{"date":"2022-01-01","value":28.1},{"date":"2023-01-01","value":26.6},{"date":"2024-01-01","value":26.5},{"date":"2025-01-01","value":25.8}],"summary":{"latest_period":"2025-01-01","latest_value":25.8,"max":63.5,"mean":38.8833,"min":21.4,"of":437,"rank":399,"trend":"falling"}}