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Real Gross Domestic Product
Quarters from 2008 peak
−8
−6
−4
−2
02
4 8 12 16
GermanyFranceUnited KingdomSpainItalyNetherlands
Percentage change from 2008 peak, Seasonally Adjusted
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Real Gross Domestic Product
Quarters from 2008 peak
−8
−6
−4
−2
02
4 8 12 16
GermanyFranceUnited KingdomSpainItalyNetherlandsUnited States
Percentage change from 2008 peak, Seasonally Adjusted
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Real Gross Domestic Product
Quarters from 2009 trough
02
46
8
4 8 12
GermanyFranceUnited KingdomSpainItalyNetherlands
Percentage change from 2009 trough, Seasonally Adjusted
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Real Private Final Consumption Expenditures
Quarters from 2008 peak
−8
−6
−4
−2
02
4
4 8 12 16
GermanyFranceUnited KingdomSpainItalyNetherlands
Percentage change from 2008 peak, Seasonally Adjusted
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Real Private Final Consumption Expenditures
Quarters from 2008 peak
−8
−6
−4
−2
02
4
4 8 12 16
GermanyFranceUnited KingdomSpainItalyNetherlandsUnited States
Percentage change from 2008 peak, Seasonally Adjusted
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Real Gross Capital Formation
Quarters from 2008 peak
−35
−30
−25
−20
−15
−10
−5
0
4 8 12 16
GermanyFranceUnited KingdomSpainItalyNetherlands
Percentage change from 2008 peak, Seasonally Adjusted
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Real Gross Capital Formation
Quarters from 2008 peak
−35
−30
−25
−20
−15
−10
−5
0
4 8 12 16
GermanyFranceUnited KingdomSpainItalyNetherlandsUnited States
Percentage change from 2008 peak, Seasonally Adjusted
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Real Residential Fixed Capital Formation
Quarters from 2008 peak
−40
−30
−20
−10
0
4 8 12 16
GermanyFranceUnited KingdomSpainItalyNetherlands
Percentage change from 2008 peak, Seasonally Adjusted
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Real Final Consumption Expenditures of Government
Quarters from 2008 peak
−2
02
46
810
4 8 12 16
GermanyFranceUnited KingdomSpainItalyNetherlands
Percentage change from 2008 peak, Seasonally Adjusted
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Real Final Consumption Expenditures of Government
Quarters from 2008 peak
−2
02
46
810
4 8 12 16
GermanyFranceUnited KingdomSpainItalyNetherlandsUnited States
Percentage change from 2008 peak, Seasonally Adjusted
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Real Final Consumption Expenditures of Government (% of GDP)
Quarters from 2008 peak
−1
01
23
4 8 12 16
GermanyFranceUnited KingdomSpainItalyNetherlands
Change from 2008 peak, Seasonally Adjusted
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Real Final Consumption Expenditures of Government (% of GDP)
Quarters from 2008 peak
−1
01
23
4 8 12 16
GermanyFranceUnited KingdomSpainItalyNetherlandsUnited States
Change from 2008 peak, Seasonally Adjusted
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Real Exports
Quarters from 2008 peak
−20
−15
−10
−5
05
10
4 8 12 16
GermanyFranceUnited KingdomSpainItalyNetherlands
Percentage change from 2008 peak, Seasonally Adjusted
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Real Exports
Quarters from 2008 peak
−20
−15
−10
−5
05
10
4 8 12 16
GermanyFranceUnited KingdomSpainItalyNetherlandsUnited States
Percentage change from 2008 peak, Seasonally Adjusted
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Real Imports
Quarters from 2008 peak
−25
−20
−15
−10
−5
05
10
4 8 12 16
GermanyFranceUnited KingdomSpainItalyNetherlands
Percentage change from 2008 peak, Seasonally Adjusted
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Real Imports
Quarters from 2008 peak
−25
−20
−15
−10
−5
05
10
4 8 12 16
GermanyFranceUnited KingdomSpainItalyNetherlandsUnited States
Percentage change from 2008 peak, Seasonally Adjusted
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Government Consolidated Gross Debt
Quarters from 2008 peak
020
4060
8010
0
4 8 12 16
GermanyFranceUnited KingdomSpainItalyNetherlands
Percentage change from 2008 peak
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Total Employment − Labour Force Survey
Quarters from 2008 peak
−15
−10
−5
05
4 8 12 16
GermanyFranceUnited KingdomSpainItalyNetherlands
Percentage change from 2008 peak, Resident Population Concept
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Total Employment − National Accounts
Quarters from 2008 peak
−15
−10
−5
05
4 8 12 16
GermanyFranceUnited KingdomSpainItalyNetherlands
Percentage change from 2008 peak, Domestic Concept
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Unemployment Rate
Months from 2008 peak
05
1015
6 12 18 24 30 36 42 48 54
GermanyFranceUnited KingdomSpainItalyNetherlands
Percentage point change from 2008 peak, Seasonally Adjusted
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Unemployment Rate
Months from 2008 peak
05
1015
6 12 18 24 30 36 42 48 54
GermanyFranceUnited KingdomSpainItalyNetherlandsUnited States
Percentage point change from 2008 peak, Seasonally Adjusted
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Unemployment Rate − Level
Year
1985 1990 1995 2000 2005 2010
510
1520
25
GermanyFranceUnited KingdomSpainItalyNetherlands
Seasonally Adjusted
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Long−term Unemployment Rate
Quarters from 2008 peak
−2
02
46
8
4 8 12 16
GermanyFranceUnited KingdomSpainItalyNetherlands
Percentage point change from 2008 peak, Unemployed for over 12 months
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Labor Force Participation Rate (Ages 15−64)
Quarters from 2008 peak
−2
−1
01
2
4 8 12 16
GermanyFranceUnited KingdomSpainItalyNetherlands
Percentage point change from 2008 peak
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Labor Force Participation Rate (Ages 15−64)
Year
1995 2000 2005 2010
6065
7075
80
GermanyFranceUnited KingdomSpainItalyNetherlands
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Female Labor Force Participation Rate (Ages 15−64)
Quarters from 2008 peak
−2
02
46
4 8 12 16
GermanyFranceUnited KingdomSpainItalyNetherlands
Percentage point change from 2008 peak
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Female Labor Force Participation Rate (Ages 15−64)
Year
1995 2000 2005 2010
4050
6070
GermanyFranceUnited KingdomSpainItalyNetherlands
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Employment Population Ratio (Ages 15−64)
Quarters from 2008 peak
−10
−8
−6
−4
−2
02
4
4 8 12 16
GermanyFranceUnited KingdomSpainItalyNetherlands
Percentage point change from 2008 peak, Resident Population Concept
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Employment Population Ratio (Ages 15−64)
Year
1995 2000 2005 2010
4550
5560
6570
75
GermanyFranceUnited KingdomSpainItalyNetherlands
Resident Population Concept
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
Average Number of Weekly Hours Worked
Quarters from 2008 peak
−3
−2
−1
01
2
4 8 12 16
GermanyFranceUnited KingdomSpainItalyNetherlands
Percentage change from 2008 peak
Coo
ley−
Rup
ert E
urop
ean
Eco
nom
ic S
naps
hot;
ww
w.e
urop
eans
naps
hot.c
om
Sou
rce:
Eur
osta
t
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●
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●
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●
●
●
●
● ●
●
●
●
U.K. Beveridge Curve
unemployment rate (percent)
vaca
ncy
rate
(pe
rcen
t)
1.6
1.8
2.0
2.2
2.4
2.6
5 6 7 8
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●
●
Sou
rce:
Eur
osta
t
Coo
ley−
Rup
ert E
cono
mic
Sna
psho
t; w
ww
.eur
opea
nsna
psho
t.com
2001 Q2 − 2012 Q1
2008 Q1 − 2012 Q1
●
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●
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●
●
●
German Beveridge Curve
unemployment rate (percent)
vaca
ncy
rate
(pe
rcen
t)
2.0
2.2
2.4
2.6
2.8
3.0
5.5 6.0 6.5 7.0 7.5
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Sou
rce:
Eur
osta
t
Coo
ley−
Rup
ert E
cono
mic
Sna
psho
t; w
ww
.eur
opea
nsna
psho
t.com
2009 Q4 − 2012 Q1
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Netherlands Beveridge Curve
unemployment rate (percent)
vaca
ncy
rate
(pe
rcen
t)
1.5
2.0
2.5
3.0
2.5 3.0 3.5 4.0 4.5 5.0 5.5
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● ● ●
Sou
rce:
Eur
osta
t
Coo
ley−
Rup
ert E
cono
mic
Sna
psho
t; w
ww
.eur
opea
nsna
psho
t.com
2001 Q1 − 2012 Q1
2008 Q1 − 2012 Q1
● ●
● ●
● ●
● ● ● ●
●
● ●
Spain Beveridge Curve
unemployment rate (percent)
vaca
ncy
rate
(pe
rcen
t)
0.6
0.8
1.0
1.2
1.4
18 20 22 24
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●
● ●
Sou
rce:
Eur
osta
t
Coo
ley−
Rup
ert E
cono
mic
Sna
psho
t; w
ww
.eur
opea
nsna
psho
t.com
2009 Q1 − 2012 Q1