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Those links are for youth unemployment rate. I don't know how those are calculated across different countries. The "regular" unemployment rate is supposed to ha
by standardUser 5y ago
Those links are for youth unemployment rate. I don't know how those are calculated across different countries. The "regular" unemployment rate is supposed to have some level of reliability for cross-national comparisons, and I don't know if that holds true for other metrics.
Looking at the overall unemployment rates, you'll see the variation is mostly in the 1-4% range.
- theptip 5y agoThanks, you're right. I got crossed wires as the GP was discussing youth unemployment in some places, but I see that there was another claim on general unemployment that you were referring to. For completeness the corrected 2019 stats from my data source would be USA 3.9% and EU 7.6% which is in the range you quoted. https://www.theglobaleconomy.com/rankings/Unemployment_rate/#USA https://www.theglobaleconomy.com/rankings/Unemployment_rate/... https://www.theglobaleconomy.com/rankings/Unemployment_rate/#Euro_area https://www.theglobaleconomy.com/rankings/Unemployment_rate/... Post-COVID (peri-COVID? 2020) numbers are US 8.3 vs. EU 8.2%, so it has narrowed recently.