World unemployment rate for 2024 was 4.89%, a 0.02% decline from 2023.

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<li>World unemployment rate for 2023 was <strong>4.92%</strong>, a <strong>0.34% decline</strong> from 2022.</li>
<li>World unemployment rate for 2022 was <strong>5.26%</strong>, a <strong>0.8% decline</strong> from 2021.</li>
<li>World unemployment rate for 2021 was <strong>6.06%</strong>, a <strong>0.54% decline</strong> from 2020.</li>
</ul>Unemployment refers to the share of the labor force that is without work but available for and seeking employment.

In 2024, the unemployment rate in the World remained nearly unchanged at around 4.89 percent. But still, the unemployment rate reached its lowest value of the observation period in 2024. The unemployment rate refers to the share of the economically active population currently without work but in search of employment. The unemployment rate does not include economically inactive persons such as the long-term unemployed, children, or retirees.

The average for 2025 based on 101 countries was 6.64 percent. The highest value was in Sudan: 61.99 percent and the lowest value was in Thailand: 1 percent. The indicator is available from 1980 to 2030. Below is a chart for all countries where data are available.

World youth unemployment rate for 2024 was 13.57%, a 0.01% increase from 2023.

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<li>World youth unemployment rate for 2023 was <strong>13.56%</strong>, a <strong>0.64% decline</strong> from 2022.</li>
<li>World youth unemployment rate for 2022 was <strong>14.20%</strong>, a <strong>1.48% decline</strong> from 2021.</li>
<li>World youth unemployment rate for 2021 was <strong>15.68%</strong>, a <strong>1.44% decline</strong> from 2020.</li>
</ul>Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment.

The statistic shows the unemployment rate in selected world regions between 2019 and 2024. In 2024, the unemployment rate in the Arab World was estimated to have been at 9.46 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.

In 2023, South Africa had the highest unemployment rate in the world, at 32.1 percent. Of the 10 countries with the highest unemployment rates, six 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 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 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.

The average for 2023 based on 178 countries was 6.42 percent. The highest value was in Swaziland: 36.1 percent and the lowest value was in Qatar: 0.08 percent. The indicator is available from 1991 to 2023. Below is a chart for all countries where data are available.

Yemen Unemployment Rate: World Bank data was reported at 12.934 % in 2018. This records a decrease from the previous number of 13.175 % for 2017. Yemen Unemployment Rate: World Bank data is updated yearly, averaging 11.702 % from Dec 1991 (Median) to 2018, with 28 observations. The data reached an all-time high of 14.023 % in 2015 and a record low of 7.981 % in 1992. Yemen Unemployment Rate: World Bank data remains active status in CEIC and is reported by CEIC Data. The data is categorized under World Trend Plus’s Global Economic Monitor – Table YE.G004: Unemployment Rate. The World Bank provides monthly Unemployment Rate.

Graph and download economic data for Youth Unemployment Rate for the United States (SLUEM1524ZSUSA) from 1991 to 2024 about 15 to 24 years, unemployment, rate, and USA.

Graph and download economic data for Youth Unemployment Rate for Developing Countries in Europe and Central Asia (SLUEM1524ZSECA) from 1991 to 2024 about Central Asia, Europe, unemployment, and rate.

Graph and download economic data for Youth Unemployment Rate: All Income Levels for Sub-Saharan Africa (SLUEM1524ZSSSF) from 1991 to 2024 about Sub-Saharan Africa, income, unemployment, and rate.

From 2000 until 2019, youth unemployment fluctuated between 13 and 15.5 percent, before it rose above 17 percent in 2020 during the Covid-19 pandemic. Youth unemployment Just like the general unemployment rate, youth unemployment is recorded and monitored to gauge the job market situation in a country and worldwide. Youth unemployment includes unemployed individuals aged 15 to 24, typically referring to those who have either just finished school or graduated and are looking for jobs. In order to be registered as unemployed, a person must be able to work, unemployed, and looking for a job. Usually youth unemployment is higher than adult unemployment, as many graduates do not find employment right after they have graduated. Regional breakdown The world region with the highest youth unemployment rate has been the Arab World for the past two decades, while East Asia and the Pacific has generally had the lowest rate. Apart from the sharp rise in 2020, the most notable increase came in 2009 as a result of the Great Recession; while this increase can be observed on a global scale, its impact on youth unemployment was more severely felt in more advanced economies in Europe and North America.

The average for 2023 based on 56 countries was 5.13 percent. The highest value was in Spain: 12.14 percent and the lowest value was in Qatar: 0.13 percent. The indicator is available from 1991 to 2023. Below is a chart for all countries where data are available.

The average for 2023 based on 178 countries was 8.37 percent. The highest value was in Swaziland: 39.35 percent and the lowest value was in Cambodia: 0.27 percent. The indicator is available from 1991 to 2023. Below is a chart for all countries where data are available.

The table shows the latest data for the unemployment rate available from the national authorities. Note that these numbers are updated daily. The table also shows the unemployment rate three months ago and one year ago. The unemployment rate is defined as the number of people who don't have a job and are actively look for one as percent of the labor force. The labor force includes the employed and the unemployed people. Note that these categories do not include the so-called discouraged workers. These are people who can work and want to work but are not actively looking as they believe that they cannot find a job. Hence, besides unemployment, it is also useful to look at employment in order to evaluate the health of the labor market. The unemployment rate includes three components: the structural unemployment that is generated as some sectors of the economy decline and others expand; the frictional unemployment that captures people who are between jobs for personal reasons; and the cyclical unemployment that is related to the business cycle. The more flexible the labor market in terms of hiring and firing and setting wages, the lower the first two components of the unemployment rate. If interested, you can read our brief article on unemployment.

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.

Unemployment Rate: Foreign Born data was reported at 3.600 % in Apr 2025. This records a decrease from the previous number of 4.400 % for Mar 2025. Unemployment Rate: Foreign Born data is updated monthly, averaging 4.800 % from Jan 2007 (Median) to Apr 2025, with 220 observations. The data reached an all-time high of 16.500 % in Apr 2020 and a record low of 2.600 % in Oct 2019. Unemployment Rate: Foreign Born data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G: Current Population Survey: Unemployment Rate.

Key information about US Unemployment Rate

• US Unemployment Rate increased to 4.10% in Feb 2025, from the previously reported figure of 4.00% in Jan 2025.
• US Unemployment Rate is updated monthly, available from Jan 1948 to Feb 2025, with an average rate of 5.50%.
• The data reached an all-time high of 14.80% in Apr 2020 and a record low of 2.50% in Jun 1953.
• The data is reported by reported by U.S. Bureau of Labor Statistics.
• In the latest reports, US Population reached 341.16 million people in Dec 2024.