Unemployment (or joblessness) occurs when people are without work and actively seeking work.[1] The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labor force. During periods of recession, an economy usually experiences a relatively high unemployment rate.[2] According to International Labour Organization report, more than 197 million people globally or 6% of the world’s workforce were without a job in 2012.
Unemployment: 2014 Countries
3.3% Norway
3.8% Japan
4.4% Iceland
4.9% Austria
4.9% Brazil
4.9% Germany
4.9% Russia
5.5% Mexico
5.7% Malta
5.7% Uruguay
6.0% Czech Republic
6.1% Australia
6.2% United Kingdom
6.2% United States
6.3% Luxembourg
6.5% Chile
6.6% Denmark
6.6% Netherlands
6.7% Venezuela
7.0% Canada
7.0% Romania
7.3% Estonia
7.5% Argentina
8.0% Sweden
8.1% Hungary
8.5% Belgium
8.7% Finland
9.0% Poland
9.3% Colombia
9.5% Turkey
9.8% Slovenia
10.3% France
10,8% Latvia
11.5% Euro zone
11.5% Ireland
11.5% Bulgaria
11.5% Lithuania
12.6% Italy
13.8% Slovakia
14.0% Portugal
14.9% Cyprus
16.2% Croatia
24.5% Spain
25.5% South Africa
27.0% Greece
Source: http://countryeconomy.com/unemployment
This is the way chosen by troika and the IMF to…save Greece! It is, really, impossible for any normal person to undestand how the economic and social catastrophe of a country may be presented as a preliminary for its salvation!