The given chart illustrates the ratio of unemployment in two nations, namely the US and Japan from March 1993 to March 1999.
Overall, it is noticeable that the rate of unemployment in the US witnessed a downward trend throughout the period while the opposite was true for Japan and their interaction was in early 1999.
In detail, the ratio of unemployment in the US showed a remarkable drop throughout the 6 years. The rate of American unemployed started at 7.0 % at the beginning, then it consistently decreased to nearly 5.5% in March of 1995 and slightly fluctuated till March of 1996. Followingly, this statistic continued to decrease gradually and ended at 4.1% in March of 1999.
Regarding the unemployment rate in Japan, this data increased gradually whole the period, from 2.4% and ended with more than 4.5%. This number nearly remained stable and marginally versatile during the period of March 1996 to that month in 1997, then it increased steadily till the end.
