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"Such restrictions are in large part responsible for the chronically high rates of unemployment that have been prevalent in many European countries." Bullshit.
by ahi 15y ago
"Such restrictions are in large part responsible for the chronically high rates of unemployment that have been prevalent in many European countries."
Bullshit. Europe has higher rates of unemployment because they aren't as good at lying about them. Labor force participation rate is a better measure. US hovers around 65% along with the Dutch and Swedes, while the entire OECD is low 60s.
http://www.nationsencyclopedia.com/WorldStats/WDI-labor-participation-rate.html http://www.nationsencyclopedia.com/WorldStats/WDI-labor-part...