10/29/2010

Germany's unemployment rate


The data on the US unemployment rate is from here. The data on the German unemployment rate is from here and here.

Note that Germany refused to follow Obama's advice on how to stimulate its economy and did not have a massive increase in government spending. Since the US recovery began last year, the US unemployment has gone up very slightly by 0.1 percentage points and the German unemployment rate has fallen by 0.8 percentage points.

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