Monday, August 15, 2011

What A Recovery Should Look Like

In another sign of how strong the boom in Estonia is, employment rose as much as 7.8% in the year to the secpnd quarter, helping to push unemployment down to 13.3%, compared to 18.6% a year earlier.

Unemployment is still unacceptably high, but it is being brought down remarkably fast, and if this continues it will fall below the EU average within the coming year.


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