Tuesday, May 29, 2012

It's The Economy Stupid: What's safe and what's a problem

Look at the unemployment rate in Spain…

 

Lowest Unemployment Rate

%

Switzerland

3.1

Norway

3.2

Japan

4.5

Australia

4.9

Netherlands

5.2

Germany

5.2

Intermediate Unemployment Rate

%

New Zealand

6.7

Belgium

7.3

Canada

7.3

Sweden

7.3

Finland

7.6

Denmark

8.1

U.K.

8.1

U.S.

8.1

Highest Unemployment Rate

%

Italy

9.8

France

10.0

Ireland

14.5

Portugal

15.3

Greece

21.7

Spain

24.1

 

We have an unemployment problem.  Ireland, Portugal, Greece and Spain have unemployment catastrophes.

 

 

John Broussard

Assistant State Treasurer

Chief Investment Officer

State of Louisiana

Department of the Treasury

Ph:  225-342-0013

Fx:  225-342-9721

Email:  jbroussard@treasusry.state.la.us

 

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