Home > Uncategorized > Graph of the day. EU-unemployment – a Euro problem?

Graph of the day. EU-unemployment – a Euro problem?

  1. IvokainKrieg
    October 1, 2013 at 7:25 pm

    A single graph like this can be abused by single minded political terrorists to mislead simple minded public.

  2. Maurizio
    October 2, 2013 at 3:21 am

    Of course it is a bloody euro problem. That was NEVER EVER an Optimal Currency Area.

  3. Shane Kerr
    October 2, 2013 at 11:14 am

    This graph is the number of people unemployed, not a percentage of people unemployed, hence basically worthless.

    Page 3 of the report from THE PREVIOUS BLOG ENTRY has a graph that provides ACTUAL information. I’ve reproduced that graph here:

    It shows a difference of about 1% in Euro-zone vs. wider EU unemployment – 12% versus 11%, and also shows things like a HIGHER non-Euro unemployment from the 2000 to 2004 periods, indicating that perhaps there is a more complicated story than the simple Euro-scepticism you posit.

    • merijnknibbe
      October 2, 2013 at 11:45 am

      Mind the question mark in the title – do you really think that I post such a blogpost about total unemployment without looking first at total employment, too? With that in mind:

      I do not entirely agree with you that this stuff is basically worthless.

      * For one thing it’s not about the same variables you link to as these are about the difference between the eurozone the entire EU, including the eurozone and not, like the blogpost, about the Eurozone and the restof the EU. When you would calculate the unemployment rate for these two regions (which I will do) the graph enmployment-rate graph will look quite a bit like the total unemployment graph.
      * Aside from this, it is my opinion that the numbers in millions are important, too.
      * And remarkably, the differences in unemployment are not caused by higher job growth outside the Euro area … I will return to this, too.

      Merijn Knibbe

    • merijnknibbe
      October 2, 2013 at 1:25 pm

      Another reply why I showed millions, instead of a rate. Dave Taylor, in a comment on this blog, states that:

      The point of an index is to help you look in the right place: at the pages on which the use of a word can be seen in context; at what e.g. 16% unemployment means in practice in the differing countries and regions which are experiencing it.”

      In this case I decided, for better or worse, that to show ‘millions’ might help us a little better to look in the right place.

    • zeuro
      November 22, 2013 at 10:03 am

      vous voulez vraiment nous faire prendre des vessies pour des lanternes, votre graphe montre le pourcentage des pays avec l’euro et de tous les pays de l’UE. Pas besoin d’avoir fait de grandes études pour en extrapoler un graphe UE avec et sans euro. Cela dit vous avez raison, ce n’est pas qu’un problème d’euro, c’est aussi un problème d’UE

  4. zeuro
    November 22, 2013 at 10:05 am

    IvokainKrieg :
    A single graph like this can be abused by single minded political terrorists to mislead simple minded public.

    vous ne pourrez pas cacher au monde éternellement votre infamie !

  5. zeuro
    November 22, 2013 at 10:09 am

    Shane Kerr :
    This graph is the number of people unemployed, not a percentage of people unemployed, hence basically worthless.
    Page 3 of the report from THE PREVIOUS BLOG ENTRY has a graph that provides ACTUAL information. I’ve reproduced that graph here:
    http://www.time-travellers.org/shane/eu-unemployment-2000to2013.png
    It shows a difference of about 1% in Euro-zone vs. wider EU unemployment – 12% versus 11%, and also shows things like a HIGHER non-Euro unemployment from the 2000 to 2004 periods, indicating that perhaps there is a more complicated story than the simple Euro-scepticism you posit.

    vous voulez vraiment nous faire prendre des vessies pour des lanternes, votre graphe montre le pourcentage des pays avec l’euro et de tous les pays de l’UE. Pas besoin d’avoir fait de grandes études pour en extrapoler un graphe UE avec et sans euro. Cela dit vous avez raison, ce n’est pas qu’un problème d’euro, c’est aussi un problème d’UE

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