Unemployment rate in Venezuela is significantly lower than in the US
The Venezuelan employment rate in 2009 totaled 92.3 percent, which accounts for 12,065,593 employees, according with The National Institute of statistics. But strangely, the bourgeois US and Venezuelan media doesn’t seem to know if this is a good thing or a bad thing.
In April 2009, the Venezuelan unemployment rate stood at 7.7 percent according to the National Statistics Institute. The US Bureau of Labor Statistics showed the job situation in the US is not doing as well.
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