Thursday, September 24, 2009

Who is really suffering (fg)

Ok, it's a snapshot, but meanwhile most countries experience (still) below 2 digit unemployment rates, Spain suffers most after the bursting of its real estate bubble -by the way, this bubble has grown much bigger than in the US when scaled to GDP etc.

Outcomes are much worse for unemployment below the age of 25 years.

Red line: Spain
Blue line: Germany
Dashed black line: euro area
Grey Line: France
Dashed lavender Line: USA
Yellow Line: UK