The graph below shows the unemployment rates in the US and Japan between March 1993 and March 1999

The graph below shows the unemployment rates in the US and Japan between March 1993 and March 1999
The line graphs illustrate the proportions of unemployed individuals in two different countries from March 1993 to March 1999. From an
overall
perspective, it is readily apparent that the unemployment rate in America showed a downward trend during
this
timeline.
In contrast
, the one in Japan rose throughout the entire period. In March 1993, 7% of US citizens did not find a job, which was by far higher.
This
figure dropped significantly until the next two years and hovered around 5.5% for almost two years.
Furthermore
, it declined again to finish at roughly 4%
at the end
of the period. In comparison, the allocation among those in Japan started at a low point with approximately 2% at the beginning of the timeline and increased steadily until the following half decade with a growth of 1 percentage point.
However
, during the
last
year in the time surveyed, it plumbed and outnumbered those in America by over 4.5%.
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Topic Vocabulary:
  • Unemployment rate
  • Trend
  • Comparison
  • Period
  • Sharp increase/decrease
  • Correlation
  • Economic policies
  • Technological advancements
  • Global economic conditions
  • Consumer spending
  • Social welfare
  • Public sentiment
  • Predictions
  • Economic strategies
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