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Well, you have to try and work out why people aren't working: in an economy that was doing well and lots of people get rich, people might stop working earlier because they have enough to be comfortable on.

Being inactive isn't necessarily a bad thing.

Here's the real point: comparing unemployment rates across economies is at best difficult, at worst wilful bullshit.

by Colman (colman at eurotrib.com) on Mon Oct 24th, 2005 at 03:23:53 PM EST
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