Home > Uncategorized > Graph of the day. Unemployment in the Euro Area periphery – the long run

Graph of the day. Unemployment in the Euro Area periphery – the long run

Unemployment in Poland is depressingly high. But quite a bit lower than in most other Euro Area periphery countries. Only Romania, Hungary and the Czech Republic (not included in the graph) do better and of these three only the Czech Republic seems to have had a kind of stable development since the middle of the nineties. The other countries did not only see very high levels of unemployment but often also enormous changes in the level of unemployment. In the long run you will be unemployed – again. The Polish and the Czech example however shot that it does not have to be like that. Countries can also pursue policies aimed at stabilizing the flow of spending instead of increasing prices of existing financial and real assets (houses!) by maximizing the stock of private debt. All data Eurostat.

Unemployment

 

 

  1. antireifier
    June 21, 2015 at 11:26 pm

    Italy and Portugal appear to be bucking the trend?

  2. June 22, 2015 at 1:35 pm

    Reblogged this on Job Market Monitor.

  3. Bob
    June 23, 2015 at 3:01 pm

    It is not house price increasing, but price of land/location.

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