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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (128926)12/18/2012 1:03:22 AM
From: tejek  Read Replies (1) | Respond to of 149317
 
Like I said... "where"??? All of Germanic/Nordic Europe has lower unemployment I think and of course those "without" have much better "safety net. That is a substantial portion of Europe.

EU Europe has over 500 million people and on EU Europe has closed to 100 million for a grand total of 600 million. The German/Nordic nations make up a little over 100 million of that 500-600 million......hardly a substantial portion of Europe........more like 17- 20%. Here are their unemployment rates by order of population size:

Germany: 5.4%
Sweden: 7.7%
Denmark: 6.2%
Norway: 3%
Finland: 7.6%

The US has an employment rate of 7.7%. So yeah. three of the nations are doing considerably better while two pretty much match the US.

In terms of population size, France, the UK, Italy, Poland and Romania have 250 million people, more than double the German/Nordic nations. Here are their unemployment rates in order of size:

UK: 7.8%
France: 10.2%
Italy: 11.1%
Spain: 26.2%
Poland: 12.9%
Romania: 7.8%

All of these nations are doing slightly worse or much worse than the US. Most of the rest of the Euro nations have population totals less than 10 million people and have unemployment rates worse than the US.

So yeah, I think the US is doing much better with this metric.