3 ms·
Here's a graph of the unemployment rate in Portugal. http://cdn.tradingeconomics.com/charts/portugal-unemployment-rate@2x.png?s=ptue&v=201609011331o&d1=19160101
by tlb 10y ago
Here's a graph of the unemployment rate in Portugal. http://cdn.tradingeconomics.com/charts/portugal-unemployment-rate@2x.png?s=ptue&v=201609011331o&d1=19160101&d2=20161231 http://cdn.tradingeconomics.com/charts/portugal-unemployment...
If you made a major public policy change in 2001 and then saw that graph, you might wonder if there was a link.
- JusticeJuice 10y agoExcept for the fact that unemployment rose in Europe in general in that time period. Greece and Spain both had peak unemployment at the exact same time as Portugal - despite both Greece and Spain not using Portugals drug policy. https://www.google.co.nz/publicdata/explore?ds=z8o7pt6rd5uqa6_&met_y=unemployment_rate&idim=country:pt:el:it&hl=en&dl=en#!ctype=l&strail=false&bcs=d&nselm=h&met_y=unemployment_rate&fdim_y=seasonality:sa&scale_y=lin&ind_y=false&rdim=country_group&idim=country:pt:el:es&ifdim=country_group&hl=en_US&dl=en&ind=false https://www.google.co.nz/publicdata/explore?ds=z8o7pt6rd5uqa...
- jbmorgado 10y agoSure, let's try to pretend there wasn't a huge international financial crisis AND that unemployment didn't climb rampantly in all southern Europe AND that Portugal was actually one of the less affected of those countries, so that you can keep your completely disproved preconceived bias intact.
- John23832 10y agoBoth the EU and the US began a recession in 2001. So yes, you might wonder. And then your advisors would remind you that the financial world was burning around you.