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.

This dataset provides values for LONG TERM 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!S reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

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.

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

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.

This dataset provides values for YOUTH UNEMPLOYMENT RATE.439 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.

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.

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.

Key information about France Unemployment Rate

• France Unemployment Rate increased to 7.20% in Jun 2023, from the previously reported figure of 7.10% in Mar 2023.
• France Unemployment Rate is updated quarterly, available from Mar 1975 to Jun 2023, with an average rate of 8.80%.
• The data reached an all-time high of 10.70% in Jun 1997 and a record low of 3.20% in Mar 1975.
• The data is reported by reported by National Institute of Statistics and Economic Studies.
• In the latest reports, France Population reached 68.04 million people in Dec 2022.

This dataset provides values for U6 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 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.

Key information about Finland Unemployment Rate

• Finland Unemployment Rate increased to 6.90% in Apr 2023, from the previously reported figure of 6.60% in Mar 2023.
• Finland Unemployment Rate is updated monthly, available from Jan 1988 to Apr 2023, with an average rate of 8.60%.
• The data reached an all-time high of 17.60% in Feb 1994 and a record low of 2.80% in Jan 1990.
• The data is reported by reported by CEIC Data.
• In the latest reports, Finland Population reached 5.56 million people in Dec 2022.

Vietnam Unemployment Rate: Rural Area: Whole Country data was reported at 1.780 % in 2017. This records a decrease from the previous number of 1.840 % for 2016. Vietnam Unemployment Rate: Rural Area: Whole Country data is updated yearly, averaging 1.690 % from Dec 2010 (Median) to 2017, with 8 observations. The data reached an all-time high of 2.300 % in 2010 and a record low of 1.390 % in 2012. Vietnam Unemployment Rate: Rural Area: Whole Country data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G035: Unemployment Rate: Annual.

United States Unemployment Rate: Age 16 to 19 data was reported at 12.000 % in Nov 2018. This records an increase from the previous number of 11.600 % for Oct 2018. United States Unemployment Rate: Age 16 to 19 data is updated monthly, averaging 15.900 % from Jan 1948 (Median) to Nov 2018, with 851 observations. The data reached an all-time high of 29.000 % in Jun 2010 and a record low of 5.700 % in Oct 1951. United States Unemployment Rate: Age 16 to 19 data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G018: Current Population Survey: Unemployment Rate.

The statistic shows the unemployment rate in selected world regions between 2015 and 2023. In 2023, the unemployment rate in the Arab World was estimated to have been at 9.88 percent. Unemployment around the globe Following the global financial crisis in 2008, unemployment saw considerable downturns around the globe, most notably in 2009. Unemployment rates, despite experiencing dramatic improvements over the years following the crisis, still have not reached pre-2009 levels for the large majority of countries. The same trend is followed with unemployment among the youth between the ages of 15 and 24, around the world. Many youth experienced layoffs after 2008, mainly because their skills were interchangeable and easily replaceable and as a result, youth unemployment increased, although the situation has improved slightly. The unemployment rate in selected world regions remained relatively stagnant year-over-year from 2012 to 2013, however is expected to improve over the long run based on current employment trends. Economic improvement around the world is primarily evident from growth of real gross domestic product , which has been relatively positive in most countries with the exception of those in the euro area. Growth of real gross domestic product points to economic growth as well as a higher productivity within each country. On the other hand, other indicators of economic health, such as inflation, point to further economic distraught, as inflation is expected to increase globally, most prominently in non-developed countries.

Unemployment Rate in Georgia increased to 14.20 percent in the fourth quarter of 2024 from 13.80 percent in the third quarter of 2024. This dataset provides - Georgia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.