A Review of Unemployment Rates in the U.S. and Germany
The U.S. employment stood at 9.5% as of June this year, according to BLS. After reaching a peak of 10.1% in October last year, the rate has steadily declined but continues to stay above 9%. Since 2005, the lowest unemployment rate recorded was 4.4% in 2006 and in early 2007. Currently 14.6 million Americans are …
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