The line graph illustrates the rates of unemployment in the US and Japan from March 1993 to March 1999.
Overall, it is evident that during this six-year period, the unemployment rates in the US decreased, whereas more people consistently became jobless in Japan.
During March 1993, 7 percent of the workforce in the United States was unemployed, which was the highest proportion within the period. This figure then declined rapidly over the next two years and by March 1995, it reached a low of approximately 5.4 percent and remained relatively stable around this number for the following years until 1997, when it continued to fluctuate downwards. By March 1999, it had plummeted to roughly 4.1% of the workforce.
On the other hand, unemployment rates in Japan started off at around 2.3 percent in 1993 and continuously rose over the period with minor fluctuations. Ultimately, the proportion of jobless Japanese citizens peaked at 4.7% by March 1999.
