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If you think the US has managed a recovery, I'm afraid you're in denial. The US unemployment picture is horrible, but being masked by official government figure
by cpr 10y ago
If you think the US has managed a recovery, I'm afraid you're in denial. The US unemployment picture is horrible, but being masked by official government figures that ignore the people who've given up looking for work, and including people working less than full time at marginal jobs.
- blablablame 10y agoYes, but the EU numbers use similar data as the US, and while average is 9% unemployment, some countries are in the 20% range. And this is with a lot of 0-hour contracts or in 'courses' (doesn't count as unemployed).
- cylinder 10y agoIf you're averaging all the US, average all of EU as well.