Re: US unemployment rate DOWN!Apr 7th, 2007
I don't understand why it's difficult to believe unemployment rate has dropped in the US. Everywhere I turn business is booming.
I would rather buy health insurance plans like in the USA.
And have lower taxes.
180 000 jobs were created in the good 'ol USA last month.
And they have an unemployment rate of 4.4% now.
Canada is 6.8%, (2005 EST), thats coming down though thanks to Alberta
Compared to EUROPE:
8.4% in Belgium (2005 EST)
9.2% in Spain
10% in France (2005 EST)
11.7% in Germany (2005 EST)
Guess left-leaning, Liberal, secular, nations do not have it that great, hmm?
A third of the US economy is government spending.
That's hardly the Chicago School.
Which, BTW, is pretty widespread in conventional economics taught today.
Why? Because much of it is correct.