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Giancarlo
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Los Angeles
Apr 2000 time: 02:16
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quote: Originally posted by el freako
So, the unemployment rate is more important than average income growth, productivity growth, employment growth and the health of international and public finances then?
That seems a rather narrow definition of economic prosperity to me. (it would also mean that Mexico was more prosperous than America by your definition) |
The US has been better then the EU. I never claimed anything about the unemployment rate being more important then anything else, el dumbo. All I said it was lower in the US, whereas it is sometimes in the double digits in certain countries in the EU. Average income growth has not been good in the EU, nor has productivity growth or employment growth.
quote:
Why has the US has seen only a 1.7% rise in employment over the last 4 years compared to the EU15's 2.9%
And why the US's workforce grew 0.7% slower than it's population whilst the EU15's grew 1.6% faster. |
I'd like to see some links backing this up. Additionally, many countries in the EU, the largest ones, are sliding into recession. Additionally, I think you are skewing statistics.
quote: The reason, of course, is that the EU's labour market has been improving much more rapidly than the US's. |
No, it hasn't. In fact unemployment has gone up in nations like France and Germany.
You need to grow up and use your damn brain.
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