Two interesting charts...

**sasguru** · 29 January 2013, 09:46

Originally posted by DimPrawn View Post

Look at Germany. Actually doing better now than ever. No wonder they are so hell bent on keeping everyone in the EU with them controlling the purse strings and the currency.

Maybe their good employment rates are to do with their strong manufacturing capability and apprentice system rather than anything else

If you want to analyse data take some quantitative courses, rather than making an arse of yourself.

Next!

**d000hg** · 29 January 2013, 09:54

Yeah, you need at least one maths degree to understand a bar-chart that could come from a GCSE geography textbook.

**sasguru** · 29 January 2013, 09:57

Originally posted by d000hg View Post

Yeah, you need at least one maths degree to understand a bar-chart that could come from a GCSE geography textbook.

Seems like it.
Or you can print two charts and conclude with whatever irrelevant thought comes to your little brain.
Seems like you and Dim have a lot in common.

**DimPrawn** · 29 January 2013, 10:03

I've now mastered charts in Excel.

**Robinho** · 29 January 2013, 10:04

Abolish min wage. Problem solved.

**eek** · 29 January 2013, 10:05

Originally posted by sasguru View Post

Maybe their good employment rates are to do with their strong manufacturing capability and apprentice system rather than anything else

If you want to analyse data take some quantitative courses, rather than making an arse of yourself.

Next!

Maybe the unemployment rates are to do with

1) their more efficient productivity compared to other European countries
2) their economy being attached to a currency set at an artificially low rate which cannot appreciate due to issues in other countries. This can only get worse due to point 1 above.

**sasguru** · 29 January 2013, 10:12

Originally posted by eek View Post

Maybe the unemployment rates are to do with

1) their more efficient productivity compared to other European countries
2) their economy being attached to a currency set at an artificially low rate which cannot appreciate due to issues in other countries. This can only get worse due to point 1 above.

Maybe. Perhaps one way to find out would be to get some data and carry out a stepwise regression, allied with some subject matter expertise?

**eek** · 29 January 2013, 10:16

Originally posted by sasguru View Post

Maybe. Perhaps one way to find out would be to get some data and carry out a stepwise regreesion?

why would you bother with that when you can show you the reasons with the econometric models to prove it.

Also its ironic but we are both wrong. One reason for the drop in long term unemployment is the retirement of many former East Germans who were approaching retirement. I don't think any dataset you would pick to identify the drop would pick up that change.

**sasguru** · 29 January 2013, 10:21

Originally posted by eek View Post

why would you bother with that when you can show you the reasons with the econometric models to prove it..

You haven't got a frigging clue what you are talking about, do you? What do you think a stepwise regression results in?

Originally posted by eek View Post

Also its ironic but we are both wrong. One reason for the drop in long term unemployment is the retirement of many former East Germans who were approaching retirement. I don't think any dataset you would pick to identify the drop would pick up that change.

Why wouldn't age or average working age or some other demographic marker not appear as a significant variable in a stepwise regression?

Two interesting charts...