US UNEMPLOYMENT WORSE THAT OF GERMANY, FRANCE , BRAZIL & JAPAN
Now, in October 2009 American unemployment is at 10.2%. German unemployment is down to 7.7%
GERMANY — German unemployment fell for a second month in October, but the effects of the financial crisis lingered and it is still too early to expect a turnaround in the economy, the country's labor ministry said. The unadjusted jobless rate in Europe's biggest economy was 7.7 percent, down from 8 percent the previous month and below the 8.3 percent in August, the Federal Labor Agency said. The dip in unemployment comes nearly two weeks after the German government raised its growth forecast and predicted that Europe's biggest economy will expand by 1.2 percent in 2010, up from an earlier prediction of 0.5 percent.
Even French unemployment only rose to 9.8%
Japanese unemployment declined to 5.7%
British unemployment reached only 7.9% in August and that of Brazil 8.1%
Do you think the uncertainty created by the health care and cap& trade legislation may have something to do with it?
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