Since Obama became president, the US unemployment rate has gone up at least as much as the other nine countries that the BLS provides comparable unemployment numbers for. Sweden has as big of an increase as we do up until the May to July 2010 period and the Netherlands ends up about as we do in the end. But our rate has consistently been the worse over the entire period.
These unemployment data are available here.
But the problem is that even these bad numbers for the US understate how bad things are because we have a lot more people just completely leaving the labor force. Only the Netherlands has as big of a drop in the percent of the population employed between 2009 and 2010 as we do, and no one has as big of a drop as we do between 2008 and 2010.
This data is available here.
These unemployment data are available here.
But the problem is that even these bad numbers for the US understate how bad things are because we have a lot more people just completely leaving the labor force. Only the Netherlands has as big of a drop in the percent of the population employed between 2009 and 2010 as we do, and no one has as big of a drop as we do between 2008 and 2010.
This data is available here.
Related Posts
Chicago Fed President thinks Unemployment is likely to temporarily rise, at end of the year about where it is nowAnother depressing forecast. The jobs added last year didn't keep up with the growth in population (1.64 million jobs - Fiscal Times piece discussing "Debacle"Edward Morrissey has this piece in today's Fiscal Times:For months, the Obama administration has told American voters t
- Another company getting Stimulus dollars goes bankruptWatch the latest video at video.foxnews.comFrom CNS News:Ener1--a company that manufactures batteries for electric cars
- People with college degrees cluster together in same citiesApparently people like to live in areas with people like themselves, surprise. From the NY Times:Just 24 percent
- This is a horrible job market for young people who have recently graduated from collegeDon't major in fun but useless majors. The bottom line is that young people are most likely to be unemployed and
Obama explains his views on Capitalism
The US Unemployment rate is even worse than you think relative to other countries
4/
5
Oleh
abudzar
