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Home Publications Blogs Beat the Press 8 or 9 Percent Unemployment in the United States is Not the Same as In Europe

8 or 9 Percent Unemployment in the United States is Not the Same as In Europe

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Friday, 03 December 2010 06:11
The NYT concluded an otherwise useful article on the long-term unemployed by suggesting the country may just settle in with an 8-9 percent unemployment, which had become the norm in some European countries. It is important to note that these European countries have far more extensive welfare state supports than the United States. This allows the long-term unemployed to still enjoy a decent standard of living in European countries. This would not be the case in the United States.
Comments (4)Add Comment
Conversion ratio?
written by ThresherK, December 03, 2010 11:56
Don't European countries all count and define unemployment differently? Is 1% change here the same as there, or is there a reliable "metric equivalent"?
Let us replace most of the welfare state with an hourly wage subsidy
written by jwo, December 03, 2010 1:49
Let us replace most of the welfare state with an hourly wage subsidy or a cash payment to all citizens.
NyTimes dyslexia
written by ted bundy, December 03, 2010 3:39
Front page of nytimes.com says UER jumps to 8.9% - check it out: http://d.imagehost.org/view/07...lse-is-new
...
written by demos1, December 04, 2010 10:28
8%, 9%, 15%, whatever, it's all the same to the plutocrats associated with the New York Times. Let them (the "small" people) eat processed cake, drink fracked water, go to de-unionized charter schools no better than the public schools they went to or wherever, and it'll all be fine, just so long as we vote to cut their taxes cut their taxes cut their taxes.

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About Beat the Press

Dean Baker is co-director of the Center for Economic and Policy Research in Washington, D.C. He is the author of several books, his latest being The End of Loser Liberalism: Making Markets Progressive. Read more about Dean.

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