prohumanity
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May be you have got more recent figures... my figures are from 2011-12 , at that time, unemployment rates in Greece and Spain were around 30 to 40 % and in Ireland and Portugal around 20-25%. You have to be clear about how the unemployment rates are calculated...In past , one full time job was equal to full 40 hours a week...now, one full time job is counted even if the person works only 30 hours. Second factor is ..when people lose their jobs ,they try hard and look for job for first 2 or 3 years and then, disappointed they stop applying for jobs . Do you know that these people who stop applying for jobs are not counted as Unemployed. People near retirement ,they also, give up and accept early retirement. I can site many other Accounting Mumbo-Jumbos in calculating unemployment rates..but you get the point. That's why we have different rates from different sources in different years.
Another factor is that ..with massive monetary and fiscal stimulus, their is temporary jump in the jobs but the real rates are the once which sustain for a longer period of time. I have no interest in misguiding DFIans. I know you seems a be emotionally hurt if you don't hear anything good about west. DFIan's are there to know the whole truth and nothing but the truth ...so differing opinions are valued here so we can sort out the reality better.
Another factor is that ..with massive monetary and fiscal stimulus, their is temporary jump in the jobs but the real rates are the once which sustain for a longer period of time. I have no interest in misguiding DFIans. I know you seems a be emotionally hurt if you don't hear anything good about west. DFIan's are there to know the whole truth and nothing but the truth ...so differing opinions are valued here so we can sort out the reality better.
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