Unemployment rate at the time of March 2011 in Japan was 4.6%, which looks still better under this world financial crisis aftermath.  But this figure will be worse because of the earthquake, also the figure we see here is just visible unemployment, if we look closely at the invisible unemployment, some say it should be over 10% in Japan.

Today news says that unemployment rate in Spain recorded highest ever at 21.29% .  World economy is already out of control now.  American unemployment rate is reported around 8 to 9 % now, but we know it’s like stealth figure not to panic workers and economy of the world.  Maybe that of America would be over 10% or 15% at worst prospect if we correctly take all the conditions into account.

US dollar is still unclear about its future recovery, and Euro is suffering from default-like crisis of some EU countries, also Japanese Yen came to be unreliable with this earthquake and tsunami.  What would be the next leading currency ?  Chinese one, Brazil one, or Indian one ?

Anyway, it’s not healthy situation at all.

One history I remember is that world often had wars when economy crisis happened.  And after the war, economy was back in harness in most of the nations.  This might be a sample to recover in the history, of course, I don’t like this sample.