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Unemployment around the world


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Virtually all of the world’s advanced economies have suffered some effects from the recession. Though unemployment is a problem all over the world, some countries have suffered a worse rate of unemployment than others.

Canada and the United States have both experienced massive job losses during the recession. The United States now has an unemployment rate of 9.5 percent and Canada has an unemployment rate of 8.4 percent.

Europe has also been hard hit by the recession, with some countries faring better than others in terms of unemployment. In Austria, there is 4.5 percent unemployment. In Belgium, there is 7.4 percent unemployment. France has an 8.8 percent unemployment rate. Germany’s unemployment rate is 8.3 percent. In Italy, the unemployment rate is 7.4 percent.
In Luxembourg, the unemployment rate is 6.1 percent. The Netherlands has a 4.4 unemployment rate. In Norway, the unemployment rate is 3.1 percent. Portugal’s unemployment rate is 8.9 percent. Spain has an extraordinarily high unemployment rate at 18.7 percent. Sweden has an unemployment rate of 8.9 percent. Switzerland maintains a low rate of unemployment at 3.5 percent. Israel has an unemployment rate of 7.6 percent.

Much of Asia has maintained a low unemployment rate despite the recession. Hong Kong’s rate of unemployment is 5.3 percent. In Japan, the unemployment rate is 5.2 percent. In Singapore, the unemployment rate is a low 3.2 percent. South Korea has an unemployment rate of 3.9 percent. The unemployment rate in Taiwan is 5.7 percent. The Australian unemployment rate is 5.7 percent. New Zealand has an unemployment rate of 5 percent.

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4 responses to “Unemployment around the world”

  1. Koen Gentier Avatar
    Koen Gentier

    Be aware of the fact that it is very hard to compare numbers as most of the Asian and Oceanic countries are very closed economies, which explains the lower rate, ompared to open systems as US and most of Europe.
    For Spain, you should check the differences between regions, as I am convinced that a slight rise in unemployment in the more ‘economic advanced’ areas suddenly boosts numbers to that kind of percentage.

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  2. The development of deflation during the financial crisis of the 1990s in Japan | gethimtolse

    […] spending in anticipation of further cuts. This can cause shrinking profit margins, bankruptcy and unemployment, which reduces the purchase power further and further. Consequently output, price and demand […]

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  3. Randy Meison Avatar
    Randy Meison

    Knowing Which Job Search Engine To Go For There are plenty of really good job search engines that you can use today to find the ideal job position for yourself. It started with just one but the concept became so popular and was applauded so widely, that soon many other special job search engines cropped up. It is hard to say which could be the best job search engine but a really good one would that which offers a host of different features. Some of the better features are listed below. Few people are aware of this but numerous job search websites have introduced a brand new feature, one which is especially pertinent given the state of employment all over the world today. This is the feature of offering comprehensive redundancy advice for free. Being made redundant can be a terrible thing. It means the loss of your financial security, and really your world. It is one of the most stressful things that a person can go through and the insecurity that follows can be usually extremely hard to deal with. But job search websites provide high quality advice that allows you to get back on your feet and in the time that you still don’t have a job, they tell you by which means you can cope and make ends meet. You get information on your redundancy rights, the redundancy packages that are available to you, get advice from employment law specialists if you so require it and you may also be given a free guide on redundancy and everything to do with it. They make sure you understand and recognize the skills that you have and move forward with confidence. In the same vein, a lot of job search websites offer good information on how to get training for the type of job that you want, as well as how you can make the most of the website’s career advice and the experience that it brings you from its partners. You may also be given the chance to interact with real employers and learn directly from the horse’s mouth what it takes to work in different jobs and how you can make sure that your successful start continues until the day that you actually leave the job of your own free will. Most job search websites also provide access to some amazing motivation articles so that anyone who is looking for a job keeps his spirits up and believes in his own abilities and skills. To make things even easier, many job search websites have now launched their own apps, both for the iPhone and for the Android Market. This means that people no longer even have to switch on their computers or laptops to start their job search or check on the daily job alerts, but can instead just click on an icon on their phones and stay updated. With such a facility now available at your fingertips, looking for a job is now extremely simple. While no miracles are promised, job search websites do give better results than you ever expected or hoped for. Always use best job search engine to find perfect job.

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  4. indipiva Avatar
    indipiva

    I was recently reading a book about how to cope with overwhelming emotions and it read, “If you’re in a painful situation and your emotions are going to overwhelm you and possibly make things worse, then often it’s best just to leave.” This reminded me of the many times I’ve left a party, a camping trip, a get together with family, or a friends house because I suddenly became profoundly depressed, with a sickening ache deep in my stomach. I would feel an almost uncontrollable urge to cry, but if I was unable to get away I would just shut myself out from everyone else and be silent, saying I was tired if someone asked if I was okay. Many times I have said goodnight to retreat to my room and cry. It is this side of me that I am ashamed of and have always tried to hide. To this day I hide my depression from my friends and sometimes family, so that I can have normal relationships with people and not be given special treatment. I feel shy and embarrassed in public, it is hard for me to look people in the eyes. When someone who cares asks me whats wrong I can’t be real because I would be too emotional. I want so much to be close but I’m afraid and ashamed of who I am. I feel inadequate and unwanted. I feel like no one would want to be with someone insecure, hurt, and depressed. I keep finding out how much depression has been affecting every aspect of my life and been the driving force behind my biggest problems. It makes me want to feel like I’m a victim and its not my fault, and to forgive myself. For some reason I continue to feel like I am fundamentally flawed and should be rejected. I crave having a girlfriend to hold me and to be close to, and I feel ashamed of this desire, like it is childish or taboo. I do not feel like I am Okay the way I am, and even though I am aware of all the ways my thinking is flawed I haven’t been able to feel differently. I can’t lead a normal life when I feel like crying every day.

    Thanks – Gareth Ackanowledge

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