| USA | CAN | AUS | JAP | FRA | GER | ITAL | HOL | SWE | UK | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2007 | 4.6 | 5.2 | 4.4 | 3.6 | 8.1 | 8.7 | 6.2 | 3.6 | 6.1 | 5.4 |
| 2008 | 5.8 | 5.3 | 4.3 | 3.7 | 7.5 | 7.6 | 6.8 | 3.1 | 6.1 | 5.7 |
| 2009 | 9.3 | 7.3 | 5.6 | 4.8 | 9.2 | 7.8 | 7.9 | 3.8 | 8.3 | 7.7 |
| 2010 | 9.6 | 7.1 | 5.2 | 4.8 | 9.5 | 7.1 | 8.5 | 4.6 | 8.3 | 7.9 |
| 2011 | 8.9 | 6.5 | 5.1 | 4.2 | 9.4 | 6.0 | 8.5 | 4.5 | 7.5 | 8.1 |
| 2012 Q2 | 8.2 | 6.4 | 5.1 | 4.0 | 9.8 | 5.7 | 10.7 | 5.2 | 7.4 | 8.1 |
What jumps out to me:
Unemployment Rates, adjusted to U.S. Concepts
- Since 2007, every country but Germany has a worse unemployment rate. This is a global--not a national--problem. The group of European countries, whether we consider the EU-27 or only those that have adopted the Euro as their currency, have seen unemployment increases each year since 2008. Those groups are not explicitly represented in the BLS data.
- Since 2009, just after Lehman Brothers hit the fan, through the second quarter of this year, four of these ten countries the BLS cites for comparison have seen their unemployment rise. The United States is not one of them.
- From 2011 to the second quarter of this year, only one country has seen its unemployment rate drop by 0.5% or more. That country is the United States.

Unemployment, seasonally adjusted, March 2011-August 2012.
- We--all countries--are in this mess together. Too big to fail might describe banks. Too interconnected to stand alone describes national economies.
- No leader has the ability to magically restore the economy of his nation.
- All things considered, the United States is faring fairly well.
- How can we challenge the economic beliefs that are holding back our economy?
- How can we include the poor as a source of resourcefulness, innovation, and business opportunity?
- How can we better identify and support local (social) entrepreneurs?
- What urban centers are taking the lead in creating sustainable, inclusive communities?
- What innovative approaches to education are working and can prepare students for meaningful careers?
- How does social wellness use existing resources to create more inclusive health for us all?
- What does inclusive leadership look like?
The Atlantic just ran a nice article in which it reported an interesting survey it had conducted. In the survey, respondents (only Americans) were shown two nations' wealth distributions--one like Sweden's (but even more equitable); and one like the United States's--and asked to choose which country they'd rather live in. Respondents preferred the country with the Swedish distribution.
I'm in London before heading tomorrow to Oxford for a colloquium on social entrepreneurship. I stopped at a British food shop, PrĂȘt a Manager, which offers advice about addressing hunger that is as eloquent as any paper I'm likely to read at the Oxford gathering. Simple advice of the kind we'd all be much better off following.
At the end of each day we give our unsold sandwiches and salads to local charities and shelters working with the homeless. We don't do this because we're "nice people." We do this because throwing good food (and hard work) in the bin is madness."
Driving on the highway, I saw a bumper sticker surely announcing that the political season is upon us: R omney--the R being a flaggy, red and blue affair set off from the rest of the name. Not a big leap to create an anagram: R money, and from that Our money.
Back in the saddle, writing this blog after more than a month away. (NOTE to self: see if blogging saddles are the next great investment.)
- What I Wish I Knew Then: Becoming a Social Entrepreneur, a book with Cynthia Koenig of Wello and
- a study of entrepreneurship and renwal in Detroit, with Neesha Modi.









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