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Europe has way worse unemployment numbers than the US.
by CryptoPunk 5y ago
Europe has way worse unemployment numbers than the US.
- cloudfifty 5y agoThere are certainly countries in Europe that can match, and maybe even beat, US unemployment numbers on historical data while having much higher labour costs.
- CryptoPunk 5y agoAnd there are US states that can match and beat almost all European states on unemployment numbers. But my point is that the parent comment is wrong: the US has a lower unemployment rate than the EU as a whole, and a much lower unemployment rate if you only count the regions of Europe with high social welfare spending.