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USA unemployment is 7,4% [1]. Spain, Greece, Italy's unemployment is highly seasonal - in summer it drops to almost 0%, meaning the majority of the population h
by ggeorgovassilis 4y ago
USA unemployment is 7,4% [1]. Spain, Greece, Italy's unemployment is highly seasonal - in summer it drops to almost 0%, meaning the majority of the population has some (untaxed) income to keep them afloat through the entire year.
[1] https://ycharts.com/indicators/us_u_6_unemployment_rate_unadjusted https://ycharts.com/indicators/us_u_6_unemployment_rate_unad...
- luckylion 4y ago> USA unemployment is 7,4% The not commonly used U-6 is, yeah, but even your link mentions that U-3 is commonly used, and why would you compare different unemployment rates between countries? Here [1] is Destatis from December 2022 with data for all EU countries and the US for comparison. > Spain, Greece, Italy's unemployment is highly seasonal - in summer it drops to almost 0% In June 2022, Spain had 12.6% (2021: 15.3%), Greece had 12.3% (15.0%) and Italy 8.1% (9.4%), see [2] from Eurostat. Is this going to turn into a session of frantic googling to find numbers that support your claim that you based upon feelings and prejudices instead of facts? [1] https://www.destatis.de/Europa/EN/Topic/Population-Labour-Social-Issues/Labour-market/EULabourMarketCrisis.html https://www.destatis.de/Europa/EN/Topic/Population-Labour-So... [2] https://ec.europa.eu/eurostat/documents/2995521/14675433/3-01082022-AP-EN.pdf/6d7f1ff4-eea6-1245-0002-ed017c302c7f https://ec.europa.eu/eurostat/documents/2995521/14675433/3-0...
- throwawaycopter 4y agoIt doesn't really matter either way. Unemployed people in most EU countries do have access to healthcare, benefits that keep them from starving, etc. Not a paradise, but not a hellhole.
- luckylion 4y agoCertainly, though that typically depends on where you live, and as a general rule, social security gets better the further north you go, and that's also where unemployment is low, while the situation looks tougher in Spain, Italy or Greece. But that's besides the point, the claim was that employment has something to do with it, not the extent of the welfare state.
- throwawaycopter 4y agoYes, that tends to be true. On the other hand, a lot of things influence employment beyond labor protection as well.