Take physic, pomp

Unemployment in Venezuela: Sssh! Don’t tell anyone!

This week Venezuela announced a further cut in its headline unemployment rate, with the percentage dropping to 7.3%. Ten years ago the country’s unemployment rate ran at 14.6%.

Fortunately for all you non-Spanish speakers, Associated Press managed to ignore any comparison with the ever-rising 8.9% US headline rate (or UK rate, or Spanish rate, or Mexican rate, or German rate, or Peruvian rate….I could continue), forget to report the figures and decide to concentrate on this story which has 22,000 oil workers that “may lose their jobs”.

Gotta laugh.

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