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[audioFiles]2014m8s/audio_ezfj_021_20144[/audioFiles] Ch
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2024-10-01
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Changing Rate of Employment
West Germany had one of the lowest rates of unemployment back in 1980. / It stood at just three percent. / But then over the next three years it rose quite sharply and steadily. / In 1982 it was nearly six percent, / and in 1983 it was the same as France. / 1984 saw a slight increase, and 1985 a slight fall. / The 1985 figure was eight percent, / in between France and the United States. / 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, / slightly higher than France, actually, 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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