Life Is Just More Volatile In America

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		Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Europe Video Latest Monday, January 9, 2012 Life Is Just More Volatile In America Earlier we identified two key differences between the US and Japan: The US demographic situation is better in the US. The human toll of the economic downtimes -- via unemployment -- is worse in the US. Depending on how you look at things, the latter is either a feature or a curse of the US economy. It's a curse, because it's a lot easier to slip through the cracks and lose your income. It's a feature because the economy is dynamic and flexible. Basically, for the US worker, the economy is volatile in a way that's not seen in other big, rich, developed countries. The chart above shows the year-over-year chance in the size of the unemployed population in the US, Japan, Germany, and France. The fat red line is the US. Japan is blue. Germany is green and France is orange. Now, back in the 70s and 80s, there were some huge swings in the size of the German unemployed population, but since then, all those other countries have done a "good" job of moderating the impact of recessions and so on. Not so in the US. Here we still see substantial upward swings int he size of the unemployed population during recessions, even while other countries only see marginal change. Read » Also On Money Game Today: Italy Was A Complete Disaster Today DEUTSCHE BANK: Here Are 4 Reasons Why Q4 Earnings Will Beat Expecations St. Louis Fed To Government: Keep Your Hands Off The Business Cycle This Fantastic Presentation Has Everything You Need To Know About The Housing Market And Why It Has Bottomed Advertisement CHART OF THE DAY: When Obama Runs For Re-Election, He's Going To Show This Chart CHART OF THE DAY: The Final Word On ADP, The Most Controversial Economic Report There Is CHART OF THE DAY: Is This The Next Great Jobs Boom In America? Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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