As of 2023, Italy had the highest unemployment rate of the G7 countries, reaching 7.6 percent. Especially in Canada and the United States, the unemployment rate rose sharply in 2020 due to the COVID-19 outbreak. Japan had the lowest unemployment rate at just 2.6 percent. Slowed growth of the Japanese economy and society While Japan had the lowest unemployment rate, it also experienced a slow wage growth. Wages in Japan are known to be stagnant, with many workers going years without experiencing any wage growth in their roles. One contributing factor to its low unemployment rate is its shrinking population. As the population continues to decrease, there is less competition for work. However, this introduces other problems for Japanese society, as it also has a rapidly aging population that requires long-term care. Unemployment in Italy: The divide between Northern and Southern Italy Not only does Italy have the highest unemployment rate out of the G7, but it has the second-highest unemployment rate of Europe's largest economies. Furthermore, Italy has significant levels of youth unemployment, with the majority of youth unemployment lying within southern regions of the country. The economic divide between Northern and Southern Italy is significant, and can be attributed to differences in industralization and economic diversification. The prominence of this divide has had wider impacts on Italian politics and society.
Among European Union countries in December 2024, Spain had the highest unemployment rate at 10.6 percent, followed by Greece at 9.4 percent. By contrast, Czechia has the lowest unemployment rate in Europe, at 2.6 percent. The overall rate of unemployment in the European Union was 5.9 percent in the same month - a historical low-point for unemployment in the EU, which had been at over 10 percent for much of the 2010s.
As of March 2025, South Africa had the highest unemployment rate among the 19* countries that are members of the G20. The unemployment rate in South Africa stood at 33.9 percent that year. The country has recently been plagued by an economic downturn, including energy shortages and high unemployment levels. On the other hand, Japan had the lowest unemployment rate at just 2.5 percent. Economic inequality in South Africa Not only does South Africa top the G20 in overall unemployment, but it also has a significant level of youth unemployment, as nearly half of the young population is unemployed. Thirty years after the end of Apartheid, South Africa is also still one of the most unequal countries in the world, with a Gini score of 0.63. The prominence of inequality in the country makes escaping unemployment and underemployment difficult. Japanese economic slowdown While Japan had the lowest unemployment rate out of all G20 nations, as well as the lowest youth unemployment rate out of the G20 nations, Japan’s economy is still facing many challenges. With an aging population, the total Japanese population is facing a rapid decline, meaning that it will struggle to have enough workers participating in the labor market. Despite this, Japan maintains strict immigration policies, limiting the chances for foreign workers to move to Japan. Moreover, Japan has the second lowest fertility rate out of the G7 nations and one of the lowest fertility rates globally, adding another challenge in addressing population shrinkage.
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This dataset provides values for UNEMPLOYMENT RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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License information was derived automatically
This dataset provides values for UNEMPLOYMENT RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
The statistic reflects the seasonally adjusted unemployment rate in member states of the European Union in November 2024. The seasonally adjusted unemployment rate in Spain in November 2024 was 11.2 percent.The unemployment rate represents the share of the unemployed in all potential employees available to the job market. Unemployment rates in the EU The unemployment rate is an important measure of a country or region’s economic health, and despite unemployment levels in the European Union falling slightly from a peak in early 2013 , they remain high, especially in comparison to what the rates were before the worldwide recession started in 2008. This confirms the continuing stagnation in European markets, which hits young job seekers particularly hard as they struggle to compete against older, more experienced workers for a job, suffering under jobless rates twice as high as general unemployment. Some companies, such as Microsoft and Fujitsu, have created thousands of jobs in some of the countries which have particularly dire unemployment rates, creating a beacon of hope. However, some industries such as information technology, face the conundrum of a deficit of qualified workers in the local unemployed work force, and have to hire workers from abroad instead of helping decrease the local unemployment rates. This skills mismatch has no quick solution, as workers require time for retraining to fill the openings in the growing science-, technology-, or engineering-based jobs, and too few students choose degrees that would help them obtain these positions. Worldwide unemployment also remains high, with the rates being worst in the Middle East and North Africa. Estimates by the International Labour Organization predict that the problem will stabilize in coming years, but not improve until at least 2017.
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This dataset provides values for YOUTH UNEMPLOYMENT RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
Niger was the country in the world with the lowest youth unemployment rate at only 0.4 percent in 2023. Sub-Saharan Africa is the world region with the highest youth unemployment rates worldwide. Qatar had the second lowest youth unemployment rate in the world at 0.5 percent, followed by Cambodia at 0.7 percent. The unemployment rate only shows the share of youth who have actively registered as unemployed, not the actual share of youth who are out of employment.
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Graph and download economic data for Unemployment Rate - Women (LNS14000002) from Jan 1948 to Feb 2025 about females, 16 years +, household survey, unemployment, rate, and USA.
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Graph and download economic data for Youth Unemployment Rate for Low Income Countries (SLUEM1524ZSLIC) from 1991 to 2023 about income, unemployment, and rate.
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This dataset provides values for YOUTH UNEMPLOYMENT RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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Unemployment Rate in China increased to 5.40 percent in February from 5.20 percent in January of 2025. This dataset provides - China Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In the first half of the last decade, Norway had the lowest unemployment rates of the Nordic countries, whereas Iceland had the lowest rates at the second half of the decade. However, in 2020, after the outbreak of COVID-19, Iceland's unemployment rate rose sharply, overtaking both Norway and Denmark. Since 2013, Finland had the highest unemployment rates in the Nordic region, but were overtaken by Sweden in 2020. In 2023, Sweden had an unemployment rate of close to nine percent.
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Unemployment Rate in Sweden decreased to 9.40 percent in February from 10.40 percent in January of 2025. This dataset provides the latest reported value for - Sweden Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Unemployment Rate in Indonesia decreased to 4.82 percent in the first quarter of 2024 from 5.32 percent in the third quarter of 2023. This dataset provides the latest reported value for - Indonesia Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Brunei Darussalam was the country in the world with the lowest unemployment rate among its foreign-born population, standing at only 0.3 percent in 2022. It was also one of the country's with the highest labor force participation rates among foreign-born citizens.
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This dataset provides values for YOUTH UNEMPLOYMENT RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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Graph and download economic data for Unemployment Rate - 20 Yrs. & over, Black or African American Men (LNS14000031) from Jan 1972 to Feb 2025 about 20 years +, males, African-American, household survey, unemployment, rate, and USA.
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Unemployment Rate in Australia remained unchanged at 4.10 percent in February. This dataset provides - Australia Unemployment Rate at 5.8% in December - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Unemployment Rate in Turkey decreased to 8.20 percent in February from 8.40 percent in January of 2025. This dataset provides the latest reported value for - Turkey Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
As of 2023, Italy had the highest unemployment rate of the G7 countries, reaching 7.6 percent. Especially in Canada and the United States, the unemployment rate rose sharply in 2020 due to the COVID-19 outbreak. Japan had the lowest unemployment rate at just 2.6 percent. Slowed growth of the Japanese economy and society While Japan had the lowest unemployment rate, it also experienced a slow wage growth. Wages in Japan are known to be stagnant, with many workers going years without experiencing any wage growth in their roles. One contributing factor to its low unemployment rate is its shrinking population. As the population continues to decrease, there is less competition for work. However, this introduces other problems for Japanese society, as it also has a rapidly aging population that requires long-term care. Unemployment in Italy: The divide between Northern and Southern Italy Not only does Italy have the highest unemployment rate out of the G7, but it has the second-highest unemployment rate of Europe's largest economies. Furthermore, Italy has significant levels of youth unemployment, with the majority of youth unemployment lying within southern regions of the country. The economic divide between Northern and Southern Italy is significant, and can be attributed to differences in industralization and economic diversification. The prominence of this divide has had wider impacts on Italian politics and society.