Nearly a decade after the worst economic downturn since the Great Depression, a new Pew Research Center survey finds global economic spirits are reviving. While global publics are increasingly upbeat about economic conditions, the overall view of the economy is still in negative territory in many countries. In spring 2009, when the jobless rate was 9.3%, just 17% thought economic conditions were good. This comes in the wake of an average 1.7% growth in 2016 in the five European Union countries surveyed and an unemployment rate of 7.4%. In 2007, before the financial crisis, 28% of Japanese said economic conditions were good.

Source: News Business Ethiopia June 06, 2017 06:33 UTC