Joanna
Wojtek Sokolowski wrote:
>--- Jerry Monaco <monacojerry at gmail.com> wrote:
>
>
>>Isn't unemployment simply counted better in places
>>like France and German
>>than the U.S.? Wouldn't a more realistic accounting
>>of unemployment and
>>underemployment and misemployment in the U.S. reveal
>>that a "flexible" labor
>>force does not provide much more than the inflexible
>>kind in Germany and
>>France?
>>
>>
>
>Maybe, maybe not. However, you can calculate labor
>force participation rate in relation to working age
>population (15+ years of age), which does not depend
>on counting the unemployed as distinguished from those
>not in the labor force.
>
>Based on the ILO data http://laborsta.ilo.org/
>the ratio of total employment to working age (15+)
>population in 2004 in France is 50.2%, in Germany it
>is 50.5%, and in the US it is 59.6%. These ratios
>clearly suggest that the US has a genuinely higher
>employment rate than either France or Germany and this
>is not an artifact of "creative accounting" for the
>unemployed.
>
>Wojtek
>
>
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