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[audioFiles]2018m2s/audio_ezfj_146_201802[/audioFiles] Changing Rate of Empl
[audioFiles]2018m2s/audio_ezfj_146_201802[/audioFiles] Changing Rate of Empl
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2023-10-29
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Changing Rate of Employment
West Germany had one of the lowest rates of unemployment back in 1980. / But then over the next three years it rose quite sharply and steadily. / The United States has had ups and downs, / or rather, it’s the only country to show a significant drop in the number of unemployed. / This is due to high interest rates, / which haven’t helped the rest of the world. / In 1980 the rate was about the same as France and Great Britain, at about seven percent. / This rose to 7.5 percent in 1981, / and then peaked the following year at over nine percent. /
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