Unemployment Rate in the United States remained unchanged at 4.20 percent in May. This dataset provides the latest reported value for - United States Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The statistic shows global gross domestic product (GDP) from 1985 to 2024, with projections up until 2030. In 2020, global GDP amounted to about 85.76 trillion U.S. dollars, two and a half trillion lower than in 2019. Gross domestic product Gross domestic product, also known as GDP, is the accumulated value of all finished goods and services produced in a country, often measured annually. GDP is significant in determining the economic health, growth and productivity in the country, and is a stat often used when comparing several countries at a time, most likely in order to determine which country has seen the most progress. Until 2020, Global GDP had experienced a growth every year since 2010. However, a strong growth rate does not necessarily lead to all positive outcomes and often has a negative effect on inflation rates. A severe growth in GDP leads to lower unemployment, however lower unemployment often leads to higher inflation rates due to demand increasing at a much higher rate than supply and as a result prices rise accordingly. In terms of unemployment, growth had been fairly stagnant since the economic downturn of 2007-2009, but it remains to be seen what the total impact of the coronavirus pandemic will be on total employment.

The Gross Domestic Product (GDP) in the United States contracted 0.50 percent in the first quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This data is used for article of macroeconomic of some Asian countries in long period which explained about four Asian countries, such as Indonesia, Malaysia, Singapore, and South Korea. This data has taken from World Bank Development Indicators (WDI) database and is formed by Vector Auto Regression (VAR) model, then empirical result is executed by Granger causality model on E-views 11 program to gauge the relationship between gross domestic product, exchange rate, inflation rate, foreign direct investment, net export, government expenditures, unemployment rate, and savings. The results showed that most of gross domestic product of sample and other macro-economy variables have not causality relationship.

View economic output, reported as the nominal value of all new goods and services produced by labor and property located in the U.S.

Sweden’s gross domestic product generally increased over the past decade apart from the year 2020, when it decreased slightly due to the coronavirus pandemic. The decline in the growth rate was -1.7 percent in 2020 compared to the previous year.Household consumption affects the GDP There are many factors affecting the gross domestic product of a country, and the household consumption is one important factor. The household consumption is connected to several factors, such as level of employment and inflation, as people will hold on to their savings in times of high unemployment and high inflation. In recent years, both the inflation rate and unemployment rate were exceptionally high, leading to slowing GDP growth.Export of goods Another important factor influencing Sweden’s GDP is the export of services and goods. High export levels will boost a country's GDP. However, if imports exceed exports, this leads to a trade deficit, having a negative impact on a country's currency.

This statistic shows the unemployment rate of Iran from 1999 to 2024. In 2024, Iran's unemployment rate was estimated to amount to 9.19 percent of the total labor force. Employment and economy in Iran Iran’s unemployment rate has been above 10 percent for the last 10 years, and this rate is estimated to have peaked in 2014, when estimates reached 14 percent. Also, many of those who are considered employed in Iran are also considered underemployed. Unemployment in Iran is especially high among young people and women; over 70 percent of the population’s close to 80 million inhabitants are of working age, increasing the overall demand of these inhabitants for work. Iran’s economy has also been in a recession, which has exacerbated the difficulties to meet the employment demands of its inhabitants. Although the economy is expected to recover slightly in 2014, Iran's GDP is expected to decrease and the real GDP growth rate is either negative or quite low. In times of a struggling economy, it is typically more difficult to create jobs and introduce people to the labor force. Because Iran's economic activity still depends to a large extent on oil revenues, this also reduces the stability of the economy and employment. With a decreasing per capita GDP and a high inflation rate people are also more vulnerable to changes in income and employment, making the unemployment a pressing issue that the country will have to manage.

Inflation Rate in the United States increased to 2.40 percent in May from 2.30 percent in April of 2025. This dataset provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The statistic shows the inflation rate in Spain from 1987 to 2024, with projections up until 2030. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2023, the average inflation rate in Spain increased by about 3.4 percent compared to the previous year. Inflation in Spain As explained briefly above, inflation is commonly defined as the level of prices for goods and services in a country’s economy over a certain time span. It increases when the total money supply of a country increases, causing the money’s value to decrease, and prices to increase again in turn. Nowadays the term “inflation” is used more or less synonymously with “price level increase”. Its opposite is deflation, which, in short, means a decrease of the price level. Spain and its economy have been severely affected by the financial crisis of 2008 (as can be seen above), when the real estate bubble imploded and caused the demand for goods and services to decrease and the unemployment rate in Spain to increase dramatically. Even though deflation only occurred for one year in 2009 and the price level has been increasing since, Spain’s economy still has a long way to go until full recovery. Apart from the inflation rate and the unemployment rate, gross domestic product / GDP growth in Spain and the trade balance of goods in Spain, i.e. the exports of goods minus the imports, are additional indicators of Spain’s desolate condition during the economic crisis and its slow and difficult recovery ever since. Still, there is a silver lining for Spain’s economy. All in all, things seems to be improving economically, albeit slowly; many key indicators are starting to stabilize or even pick up again, while others still have some recovering to do.

The longer-run projections are the rates of growth, inflation, and unemployment to which a policymaker expects the economy to converge over time in the absence of further shocks and under appropriate monetary policy. Because appropriate monetary policy, by definition, is aimed at achieving the Federal Reserve's dual mandate of maximum employment and price stability in the longer run, policymakers' longer-run projections for economic growth and unemployment may be interpreted, respectively, as estimates of the economy's longer-run potential growth rate and the longer-run normal rate of unemployment; similarly, the longer-run projection of inflation is the rate of inflation which the FOMC judges to be most consistent with its dual mandate in the longer-term.

Projections of real gross domestic product growth are fourth-quarter growth rates - that is, percentage changes from the fourth quarter of the prior year to the fourth quarter of the indicated year. Each participant's projections are based on his or her assessment of appropriate monetary policy. The range for each variable in a given year includes all participants' projections, from lowest to highest, for that variable in the given year; the central tendencies exclude the three highest and three lowest projections for each year. This series represents the midpoint of the central tendency forecast's high and low values established by the Federal Open Market Committee.

Digitized originals of this release can be found at https://fraser.stlouisfed.org/publication/?pid=677.

In 2025, the UK economy is expected to grow by just one percent, according to the economic and fiscal outlook from March 2025. GDP growth has been downgraded from two percent when compared with the previous forecast from October 2024. The inflation rate is expected to average out at 3.2 percent, and the unemployment rate at 4.5 percent. Inflation distress continues for UK consumers The expected increase in UK inflation for 2025 looks set to peak at 3.7 percent in the third quarter of the year, before falling to two percent by early 2026. Though this spike in prices will be far less serious than in 2022, when UK inflation reached a peak of 11.1 percent in October 2022, UK households are still suffering from the impact of the previous crisis. In March 2025, approximately 59 percent of UK households were dealing with rising living costs, relative to the previous month, mainly due to rising energy and food costs. Unemployment set to rise in 2025 Aside from rising prices and a slowing economy, the UK will also have to contend with rising unemployment in 2025. As with inflation, however, the rise in unemployment is expected to be relatively mild and short-lived, especially when compared with previous periods of high unemployment. Recently, the government has been more concerned about high levels of economic inactivity, especially among young people, with the number of 16- to 24-year-olds not in employment, education, or training approaching one million towards the end of 2024.

The statistic depicts the average inflation rate in Mexico from 1987 to 2024, with projections up until 2030. The inflation rate measures price changes for a fixed basket of goods which includes a representative selection of goods and services. In 2024, Mexico's average inflation rate was around 4.72 percent compared to the previous year. Mexico’s economy Mexico’s gross domestic product (GDP) has been increasing slightly over the last decade, however, its national debt still amounts to almost half of its GDP. The majority of Mexico’s GDP is yielded by the services sector, as a look at the distribution of gross domestic product in Mexico by sector shows. More than 60 percent of GDP are generated in this sector; the majority of the Mexican workforce is employed in services. One important contributor to Mexico’s GDP is tourism. The total unemployment rate in Mexico took a turn for the worse during the recession of 2008 and is still to bounce back to previous levels. Mexico’s main export and import partner is the United States which accounts for approximately half of the value of both. Thus, the trade balance of goods in Mexico, showing the value of exports minus the value of imports, is heavily dependant on the United States. For the past decade, Mexico’s trade balance has run at a deficit of more than 10 billion US dollars. The trade balance of services sector in Mexico has also been in the red with a deficit of more than 6 percent since the recession and higher than 9 percent since 2011. Mexico is also one of the largest drug exporting countries worldwide. Specific trade figures are not available, however, Mexico is among the top countries for opium cultivation based on acreage, and thousands of illegal poppy fields, processed into opium, have been destroyed in Mexico year after year.

The Question “Why unemployment?” is one of the most central topics of economic theory since the great depression. Unemployment remains one of the most important problems of economic policies in industrial countries. Unemployment has different causes and therefore also different countermeasures are required. “Together with the destruction of environment unemployment and inflation are in the focus of economic and political discussions on macroeconomic problems and are considered as the greatest challenges of economic policy. Depending on the level of unemployment there is a higher focus on inflation or on unemployment, if both are on an alarming level at the same time they are in the shot simultaneously. In anyway both issues need to be analyzed together because they are not independent from each other. Experiences from the recent years have shown that combating inflation leads to an increase in unemployment, at least temporarily but probably also permanently. The other way around; combating unemployment may under certain circumstances also lead to an increase in inflation… Unemployment and inflation are macroeconomic problems. The level of both undesirable developments is determined by the relations in the entire economy. Therefor it is necessary to use macroeconomic theory which deals the general economic context for the analysis. Both problems are enhanced by structural factors which also need to be analyzed. In contrast to microeconomic theory which focuses on different individual decision makers, in macroeconomic theory decision makers and decisions are summarized in macroeconomic aggregates. The common procedure is to summarize decision makers into aggregates like “private households”, “enterprises” and “the state” and the decision makers concerning the use of income into “private consumption”, “investments” and “public expenditure” (Kromphardt, Jürgen, 1998: Arbeitslosigkeit und Inflation (unemployment and inflation). 2., newly revised A. Göttingen: Vandenhoeck & Ruprecht, p. 17-18). Macroeconomic approaches on the explanation of unemployment and inflation are highly controversial in economic theory. Therefore the author starts with the attempt to present different explanations for unemployment and inflation from different macroeconomic positions. There are different unemployment: classical unemployment (reason: real wages to high), Keynesian unemployment (reason: demand for goods to low), unemployment due to a lack of working places (reason: capital stock to low). These positions give conflicting explanations and recommendations because they are based on different perceptions of the starting position. Therefor the author confronts central positions with empirical data on the macro level with the following restriction: “It is impossible to prove theories as correct (to verify). This is a reason for the fact that macroeconomic controversies do not come to a conclusion but are continued in a modified way. Furthermore economic statements in this field always affect social and political interests as all economic policies favor or put as a disadvantage interests of distinct social groups in a different way.“ (Kromphardt, a.a.O., S. 20).

Data tables in HISTAT (1) Development of employment: Presented by the development of annual average unemployment rates and the balance of labor force of the institute for labor market and occupation research (IAB, Nuremberg) after the domestic concept(employment with Germany as the place of work) For characterizing the overall economic developments, those values are used which play an important role in the reports of the German central bank: (2) Inflation: Rate of differences in the price index for costs of living compared to the previous year (3) Currency reserves of German federal banks and the German central bank: measure for foreign economic situation and the payment balance of the central bank (4) Development of economic growth: Presented by the nominal and real growth rate of the GDP (5) Inflation rate of the GDP, money supply, growth rate of the price index of the GDP (6) Labor productivity (= GDP per employee, domestic concept) (7) Real wage per employee (8) Exchange rate: DM/$ (monthly averages) (9) Growth of DGP, productivity, economically active population, real incomes, unemployment rate and adjusted wages (10) Time series connected with labor demand (11) GDP, labor volume, employees, working hours and labor productivity (12) Employee compensation, wages and ...

Unemployment Rate in China decreased to 5 percent in May from 5.10 percent in April of 2025. This dataset provides - China Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross domestic product in Poland has been increasing since 2017 and is expected to reach approximately 1,304.96 billion U.S. dollars by 2030. Poland’s economy tripled in size during the early 2000s, before being hit by the global financial crisis. After several years of fluctuation, Poland’s GDP recently reached an all-time high of around 908.58 billion U.S. dollars in 2024. Major changes in the nineties Poland suffered an economic crisis during the late 1980s, with shortages of goods and a debt crisis among the reasons for a rising inflation rate. In the two years from 1988 to 1990, inflation increased from around 60 percent to almost 600 percent. However, Poland’s GDP began to grow during the 1990s, following the end of communist rule. Poland’s GDP per capita reflects this change, rising from around 1,600 U.S. dollars in 1990 to more than 4,300 U.S. dollars in 1999. Improving rates of employment Unemployment rates in Poland have steadily improved over recent years and in 2018 reached some of the lowest levels the country has reported in decades. Poland’s unemployment rate has been declining since 2013 and fell below four percent in 2018. Youth unemployment rates were especially affected following 2008, with the number of young people without jobs growing by roughly ten percent in just five years. By 2013, almost a third of those aged between 15 and 24 years were unemployed.

Table 0.37: Area, population, unemployment rate, inflation rate, gross national income and gross domestic product in selected countries

In 2024, the rate of surveyed unemployment in urban areas of China amounted to approximately 5.1 percent. The unemployment rate is expected to remain at 5.1 percent in 2025 and the following years. Monthly unemployment ranged at a level of around 5.3 percent in the first quarter of 2025. Unemployment rate in China In 2017, the National Statistics Bureau of China introduced surveyed unemployment as a new indicator of unemployment in the country. It is based on monthly surveys among the labor force in urban areas of China. Surveyed unemployment replaced registered unemployment figures, which were often criticized for missing out large parts of the urban labor force and thereby not presenting a true picture of urban unemployment levels. However, current unemployment figures still do not include rural areas.A main concern in China’s current state of employment lies within the large regional differences. As of 2021, the unemployment rate in northeastern regions of China was notably higher than in China’s southern parts. In Beijing, China’s political and cultural center, registered unemployment ranged at around 3.2 percent for 2021. Indicators of economic activities Apart from the unemployment rate, most commonly used indicators to measure economic activities of a country are GDP growth and inflation rate. According to an IMF forecast, GDP growth in China will decrease to about four percent in 2025, after five percent in 2023, depicting a decrease of more than six percentage points from 10.6 percent in 2010. Quarterly growth data published by the National Bureau of Statistics indicated 5.4 percent GDP growth for the first quarter of 2025.

This statistic shows the average inflation rate in Indonesia from 1987 to 2024, with projections up until 2030. In 2024, the average inflation rate in Indonesia amounted to about 2.3 percent compared to the previous year. The global financial crisis and economic consequences The global economy underwent a drastic slump due to the global financial crisis in 2008, which caused a continued increase in the general level of prices of goods and services; the highest recorded global inflation of the past decade took place in 2008, when the global inflation rate increased by more than 6.4 percent in comparison with the previous year. As for Indonesia, the country's inflation rate amounted to around 9.8 percent in comparison to the previous year. The financial crisis also impacted the global unemployment rate. In 2009, the global unemployment rate jumped to around 6.2 percent, and it is not expected to recover to pre-crisis levels anytime soon. The financial crisis impact on the Indonesian economy was slightly more severe: In 2008, the unemployment rate in Indonesia was around 8.4 percent, much higher than the global unemployment rate for the same year. It has, however, now decreased significantly, even though it is still not below the global level, the country itself has reached lower levels than before the crisis. After the financial crisis, the Indonesian government implemented several economic reforms and increased exports in order to strengthen the economy. In 2011, Indonesia exported goods with a value of more than 200 billion U.S. dollars. The main export partners of Indonesia are Japan, China and Singapore. As a result of increased exports, the Indonesian economy was able to grow, making Indonesia one of the twenty nations in the world with the largest gross domestic product in 2015.

Background: This study investigates the influence of regional minimum wages (RMW), gross domestic product (GDP), and inflation on Indonesia's unemployment rates from 2012 to 2020. Methods: Multiple linear regression analysis examines the relationships between these economic variables. Findings: The findings reveal that RMW significantly negatively affects unemployment rates, indicating that a 1% increase in the minimum wage leads to a 3.951% decrease in unemployment, ceteris paribus. GDP also exhibits a significant negative influence, aligning with Okun's law, which suggests an inverse relationship between economic growth and unemployment. In contrast, inflation does not significantly impact unemployment rates during the studied period. Collectively, the three variables positively and significantly affect Indonesia's unemployment rate, with an adjusted R-squared value of 0.749. This implies that 74.9% of the variation in unemployment can be explained by GDP, inflation, and minimum wages, while other factors account for the remaining 25.1%. Conclusion: The study highlights the complex interplay between these macroeconomic indicators and unemployment, providing insights for policymakers to develop effective strategies for managing employment challenges in Indonesia. Novelty/Originality of this article: This empirical analysis reveals the dynamic relationship between RMW, GDP, inflation, and unemployment in Indonesia (2012—2020). The findings provide an evidence-based basis for formulating more effective and responsive employment and economic policies for Indonesia's labour market conditions.

Thailand’s gross domestic product (GDP) grew at a rate of 2.53 percent in 2024. The Thai economy Thailand relies less on agriculture and more on employment in the service sector, which is a sign of a more advanced economy. This development is also apparent in its GDP per capita, which is one of the highest in Southeast Asia. One aspect of a developed economy is that it is more diverse, and thus less exposed to economic shocks. This statistic reflects that robustness in its optimistic view of Thai GDP growth. Domestic factors Thailand has posted an incredibly low unemployment rate for several years, which suggests that the workforce matches the demand for labor remarkably well. Equally important, the inflation rate tends to be low and stable, though sometimes too low. If Thailand wants to realize the positive projections in this statistic, the inflation rate of the baht should be between 2 and 3 percent, according to most economists.