Unemployment Rates of Nine Countries in 1992
United States 7.5
Canada 11.3
Australia 10.8
Japan 2.2
France 10.2
Germany 4.6
Italy 7.3
Sweden 5.6
U.K. 10.1
All countries were at high rates compared to past decades except for Germany and Japan. The United States unemployment rate hadn’t been that high since 1984, It peeked at 7.5 and started to recede with the following year.
Acquired Source: http://www-old.itcilo.org/actrav/actrav-english/telearn/global/ilo/seura/usunemp.htm
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