alt Hacker NewsHow much of that could be the lack of real social nets in the US compared to Europe?
In addition, anecdotally, everyone I know in the EU that had a job pre covid has a job today. I can't say the same thing about folks in the US.
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weberer • today at 6:13 PM
That's not my experience in Finland. The unemployment rate passed 10% a few months ago. Youth unemployment is now over 20%.
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The curious data point is that on this graph poverty seems to have strongly reduced during covid. Less poor.