Monday, February 23, 2009

The US economy is not the only one struggling...

http://www.praguepost.com/news/571-weak-economy-hits-rural-bohemia.html

I found this article about how unemployment rates are rising in Czech Republic. According to the article, last month more than 50,000 job losses , raising the unemployment rate from 6 percent to 6.8 percent year on year, according to government figures. This goes to show that our world really is globalized and turmoil with one economy will eventually have hurt other ones as well.

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