Job creation–or the lack thereof–has taken center stage throughout much of the developed world, emerging as one of the most substantial hurdles to economic growth and potential catalysts of a double dip recession. The jobs situation in the U.S. is shaping up to be the central issue in the next presidential election, sticking out as a critical failure of the current administration and hot topic in recent debates. The stubbornly high unemployment rate in the U.S. is hardly abnormal in the current environment, especially among developed markets. In Spain more than 21% of the labor force is unemployed, and the youth unemployment rate has been reported to be close to twice that level. Greece and Ireland are among the other euro zone members that have seen unemployment rates skyrocket over the last couple of years, depressing equity markets and battering consumer confidence. But there are a number of nations around [...] Click here to read the original article on ETFdb.com. Related Posts: Looking For Green Shoots? Try Southeast Asia ETFs ETFs For The “Next 11″ Economies World Cup Of ETFs: Plays On All 32 Countries Direxion Files For Non-Leveraged ETFs Does South Korea Belong In Your Emerging Markets ETF?
Job creation–or the lack thereof–has taken center stage throughout much of the developed world, emerging as one of the most substantial hurdles to economic growth and potential catalysts of a double dip recession. The jobs situation in the U.S. is shaping up to be the central issue in the next presidential election, sticking out as a critical failure of the current administration and hot topic in recent debates. The stubbornly high unemployment rate in the U.S. is hardly abnormal in the current environment, especially among developed markets. In Spain more than 21% of the labor force is unemployed, and the youth unemployment rate has been reported to be close to twice that level. Greece and Ireland are among the other euro zone members that have seen unemployment rates skyrocket over the last couple of years, depressing equity markets and battering consumer confidence. But there are a number of nations around [...]
Click here to read the original article on ETFdb.com.
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