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Tuesday, July 27, 2010

More Job-Seekers Hitch Ride on Asian Economy

More Job-Seekers Hitch Ride on Asian Economy - NY Times

Makes sense:

The jobless rate in the United Stands is 9.5 percent, Britain’s is at nearly 8 percent and Spain’s is 19.9 percent. In Hong Kong, by contrast, the unemployment rate is 4.6 percent. In Singapore — another hub of banking, legal and other white-collar positions — only 2.2 percent of people are registered as being out of work. In Australia, the jobless rate fell to 5.1 percent in June, the lowest level in nearly a year and a half.

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