这种信贷约束是许多国家失业率持续上升的一个原因 — — 通常这些国家的失业率原本已经处于令人担忧的水平了，例如希腊和西班牙25%的失业率（这两个国家的青年失业率已经超过了50 % ） — — 同时也是像美国这样的国家失业率居高不下的原因（虽然相对而言美国的失业率并不高 ） 。
Such credit constraints are one reason why unemployment rates continue to rise in so many countries – often from already alarming levels, such as 25% in Greece and Spain (where youth unemployment is above 50%) – and why unemployment remains unusually high in countries like the US (albeit it at a much lower level).