July 2014: Unemployment Countries comparison

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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

 

One comment on “July 2014: Unemployment Countries comparison

  1. 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!

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