U.S. Unemployment Rate Identical to that of Europe

U.S. jobless rate is now as high as Europe. According to the European Union’s statistical agency, Eurostat – the unemployment rate in the U.S. is now identical to that of Europe. If recent trends continue, we will surpass the old continent’s unemployment rate as soon as internationally comparable data for April are available. In March of this year our jobless rate was tied for fourth-highest among the major OECD [The Organization for Economic Cooperation and Development] nations.

Unemployment Rate

Graphs: CEPR

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.