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« Korean Revolution. | WILLisms.com | Trivia Tidbit Of The Day: Part 154 -- Consumer Confidence Index. »
Trivia Tidbit Of The Day: Part 153 -- Global Unemployment.
Unemployment and Government Spending-
Source:
Centre for the New Europe (.pdf).
Incidentally, the most recent standardized unemployment rates are:
United States: 5.0%
United Kingdom: 4.7%
European Union: 8.0%
Germany: 9.5%
Italy: 7.8%
France: 9.7%
Source:
Previous Trivia Tidbit: Supreme Court Nominations.
Posted by Will Franklin · 29 August 2005 07:35 PM
Comments
WILLisms.com always has the best charts and graphs!...
Posted by: Zsa Zsa at August 29, 2005 07:49 PM
Brilliant. I bet if you widened this analysis to virtually every country on the globe, there would be this type of tight correlation between unemployment and govt. share of GDP.
Perhaps the actual correlation is between unemployment and the number of people employed by government - no doubt the great bulk of govt. shared of GDP goes to paying salaried bureaucrats.
Posted by: Am I A Pundit Now? at August 29, 2005 08:07 PM
Also the benefits and entitlements for the underemployed.
Posted by: Ralph at August 30, 2005 09:34 AM