[lbo-talk] Question: Source of High European/Relatively Low USUnemployment

Doug Henwood dhenwood at panix.com
Mon Mar 7 18:56:08 PST 2005


Steven Gotzler wrote:


>Doesn't the US calculate its unemployment numbers in a very
>different way from many of the EU countries.

Somewhat, but the difference persists even if you use comparable definitions - and employment/population ratios (the share of the adult pop working for pay) also stack up in the conventional way (US high, Europe low).

Doug



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