[lbo-talk] Number of job seekers in Israel jumps 6.4% in first quarter of 2003

[Doug Henwood]

Bryan Atinsky wrote:


>6.4% increase in Job seekers in one quarter seems like a lot to me, but to
>give proportion to the numbers, how does this compare with the US or Europe?

The U.S. doesn't measure job seekers specifically, but a 6.4% 
increase in the number of unemployed would translate into an 0.4 
percentage point increase in unemployment (at current levels), which 
would be high, but not outlandishly so.

Doug