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Oct 15, 2012

Historical Financial Crises: Percentage Job Losses From Peak

In this graph the percentage job losses from the peaks are shows for several countries during selected financial crises. Finland (1991: year of start of the contraction) saw the biggest decline in employment; almost 20 percent. Compared to Finland (and most other selected countries) the United States job market is currently not doing that bad. For Sweden of the selected countries it took the longest, during its crisis starting in 1991, for the job market the recover to pre-crisis levels, 17,8 years. 



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  2. You will find that the financial stock market has two components - primary and secondary markets. As their names imply, the primary market is the venue where newly-issued shares of stocks are introduced into the system while the secondary market allow the traders and investors investments to buy and sell existing securities,