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.

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.

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.

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.

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.

In 2023, Eswatini had the highest unemployment rate in the world, at 37.6 percent. Of the 10 countries with the highest unemployment rates, nine were in Sub-Saharan Africa. What exactly is unemployment? The unemployment rate is the number of people in the workforce currently looking for jobs but not working. This number does not include students and retirees, as they are not looking for work, nor does it include people who have given up on finding a job (known as discouraged workers). Comparing international unemployment rates can be problematic, however, as different countries use different methodologies when classifying unemployment. For example, Niger records the third lowest unemployment rate in the world, despite often being listed as the least developed country worldwide - this is because the majority of the population engage in subsistence farming, with very little opportunity for paid employment. Causes of unemployment in less developed countries A major driver in unemployment in these countries is conflict. In particular, internally displaced persons (IDPs) want to work, but moving to another part of the country disrupts their business network and moves them into a local economy with different labor demand. Countries with low levels of economic development, as roughly indicated by a low GDP per capita, often have fewer labor market opportunities, leading to high unemployment rates.

Graph and download economic data for Unemployment Rate - 30-34 Yrs. (LNU04024933) from Jan 1981 to Feb 2025 about 30 to 34 years, unemployment, rate, and USA.

Graph and download economic data for Unemployment Rate - 20 Yrs. & over (LNS14000024) from Jan 1948 to Feb 2025 about 20 years +, household survey, unemployment, rate, and USA.

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.

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.

The average for 2023 based on 19 countries was 7 percent. The highest value was in Saint Vincent and the Grenadines: 18.67 percent and the lowest value was in Guatemala: 2.7 percent. The indicator is available from 1991 to 2023. Below is a chart for all countries where data are available.

Graph and download economic data for Youth Unemployment Rate for Lower Middle Income Countries (SLUEM1524ZSLMC) from 1991 to 2023 about income, unemployment, and rate.

Graph and download economic data for Unemployment Rate - 70-74 Yrs. (LNU04024941) from Jan 1981 to Feb 2025 about 70 to 74 years, unemployment, rate, and USA.

The unemployment rate in the World declined to 4.96 percent in 2023. Therefore, 2023 marks the lowest unemployment rate during the observed period. The unemployment rate of a country or region refers to the share of the total workforce that is currently without work, but actively searching for employment. It does not include economically inactive persons, such as children, retirees, or the long-term unemployed.

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.

Key information about Mexico Unemployment Rate

• Mexico Unemployment Rate increased to 2.61% in Jan 2025, from the previously reported figure of 2.60% in Dec 2024.
• Mexico Unemployment Rate is updated monthly, available from Jan 2005 to Jan 2025, with an average rate of 3.81%.
• The data reached an all-time high of 5.89% in Sep 2009 and a record low of 2.44% in Oct 2024.
• The data is reported by reported by National Institute of Statistics and Geography.
• In the latest reports, Mexico Population reached 131.72 million people in Dec 2024.

Graph and download economic data for Unemployment Rate - Black or African American (LNS14000006) from Jan 1972 to Feb 2025 about African-American, 16 years +, household survey, unemployment, rate, and USA.

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.

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.

Unemployment refers to the share of the labor force that is without work but available for and seeking employment.