Economic freedom means lower unemployment rates

See Surely It's Just a Coincidence That ... by E. Frank Stephenson of "Division of Labor."

"... Hong Kong has a 3.2% unemployment rate and it ranks first, yet again, in the EFW index.

UPDATE: Here's the abstract of Horst Feldmann's 2007 Southern Economic Journal article examining the relationship between unemployment and economic freedom:

Using data from 87 countries and the years 1980–2003, this paper empirically analyzes whether and to what extent economic freedom affects unemployment. According to the regression results, economic freedom is likely to substantially reduce unemployment, especially among women and young people. A small government sector and a legal system characterized by an independent judiciary, impartial courts, and an effective protection of property rights most clearly seem to have beneficial effects. In addition, there are indications that freedom to trade across national boundaries and a light regulatory burden may also lower unemployment, though apparently in the long term only.