The line graph compares the percentage of unemployed individuals in US and Japan from March 1993 to March 1999.
Overall, although US and Japan started at their highest and lowest points, respectively, they both had the same unemployment rate by the end of the study.
In March 1993, 7% of the US population was out of work. Such percentage had an irregular downward patten with a decrease of 1% after a year and another in March 1996. From that point, there was a relatively stable rate for the next three years, ending with almost two-thirds of the starting figure.
Japan started with a 2. 5% unemployment rate which increased by half after a year and by almost two-thirds in March 1996. Although there was an insignificant 0. 5% drop at the beginning of the said year, the rate of jobless Japanese went up and even reached a peak of more than double the initial figure in March 1998. By 1999, there was a total of 5% unemployed people.
The line graph compares the percentage of unemployed individuals in US and Japan from March 1993 to March 1999.
Overall
, although US and Japan
started
at their highest and lowest points,
respectively
, they both had the same unemployment
rate
by the
end
of the study.
In March 1993, 7% of the US population was out of work. Such percentage had an irregular downward
patten
with a decrease of 1% after a
year
and another in March 1996. From that point, there was a
relatively
stable
rate
for the
next
three years, ending with almost two-thirds of the starting figure.
Japan
started
with a 2. 5% unemployment
rate
which increased by half after a
year
and by almost two-thirds in March 1996.
Although
there was an insignificant 0. 5% drop at the beginning of the said
year
, the
rate
of jobless Japanese went up and even reached a peak of more than double the initial figure in March 1998. By 1999, there was a total of 5% unemployed
people
.