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Big 8 Unemployment at 40 year low

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 My calculation of unemployment for the 'Big 8' (US, Europe, UK, China, Japan, India, Brazil, Russia ― about 75% of the world economy)  shows that unemployment has fallen to lows not seen for 40 years.  Part of that is a consequence of the 'sugar hit' of massive fiscal and monetary stimulus, part is because the labour force has contracted because of Covid.  




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