Sunday, March 31, 2013

Youth Unemployment Rates: US, Germany, Italy, Spain, France, Greece

From Mish's blog:

Here are some unemployment charts I put together via Ycharts.

Youth Unemployment Rates US vs. Europe

Germany Youth Unemployment Rate Chart

Spain and Greece have youth unemployment over 50%. Germany, at 7.9%, has the only youth unemployment rate under 10%. US has second-best 16.8%, nothing to brag about except in relative terms.

Unemployment Rates US vs. Europe

Germany Unemployment Rate Chart

Once again, notice the tight clustering at the start of the recession vs. the huge spreads today. As with youth unemployment, Spain and Greece lead the pack with overall unemployment rates above 25%.

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