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Worldwide unemployment rate. A bit surprising is the end if the table. According to the agency the latest dire assessment reflects the full or partial lockdown measures affecting almost 2 7 billion workers four in five of the world s workforce. Unemployment rate the unemployed are people of working age who are without work are available for work and have taken specific steps to find work. Youth unemployment is at 28 6 while it was at just 15 7 in 2014.
The uniform application of this definition results in estimates of unemployment rates that are more internationally comparable than estimates based on national definitions of unemployment. This is a list of countries by unemployment rate methods of calculation and presentation of unemployment rate vary from country to country. This page displays a table with actual values consensus figures forecasts statistics and historical data charts for unemployment rate. World unemployment rate for 2018 was 5 39 a 0 18 decline from 2017.
The international labor organization s world employment and social outlook. The table has current values for unemployment rate previous releases historical highs and record lows release frequency reported unit and currency plus links to historical. Trends 2019 reported that the world s unemployment rate dropped below 5 in 2018 the lowest since the 2008 financial crisis. World unemployment rate for 2019 was 5 40 a 0 increase from 2018.
World unemployment rate for 2017 was 5 57 a 0 1 decline from 2016. In 2019 the global rate of unemployment amounted to 5 4 percent. Some countries count insured unemployed only some count those in receipt of welfare benefit only some count the disabled and other permanently unemployable people some countries count those who choose and are financially able not to work supported by. Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
The statistic shows the global rate of unemployment from 2009 to 2019. The unemployment rates for the world s largest economies were predictably low at the end of 2019 with some outliers like france brazil and italy. While unemployment around the world is dropping brazil is going the other way. Die united states ranks 47th in our comparison over 67 countries.
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