Tuesday, June 29, 2010

Euro Area Unemployment

The above graph shows the unemployment rate in the same set of Euro area countries as the last post, using the same color key.  The 2010 data are all IMF estimates made in April, as are the 2009 data for Belgium and Greece.  All other data are actuals.


Anonymous said...

This chart does more to explain why Spain is considered to be one of the PIIGS than all of the other information I've read so far.

Also, it's interesting that Austria and the Netherlands are doing so well in this metric.

James said...

For me the most interesting graph on Spain is if you go here and compare Spain, Britain, and the US ... from 1986 to 2009 ... and select the "Prices against average income" series in the top left.