Group of 7 countries (G7) Compared by Labor > Unemployment > Unemployment rates > Unemployment rates > Total
DEFINITION:
Unemployed persons are defined as those who report that they are without work, that they are available for work and that they have taken active steps to find work in the last four weeks. The ILO Guidelines specify what actions count as active steps to find work and these include answering vacancy notices, visiting factories, construction sites and other places of work, and placing advertisements in the press as well as registering with labour offices. The unemployment rate is defined as the number of unemployed persons as a percentage of the labour force, where the latter consists of the unemployed plus those in employment, which are defined as persons who have worked for one hour or more in the last week. When unemployment is high, some persons become discouraged and stop looking for work. They are then excluded from the labour force so that the unemployment rate may fall, or stop rising, even though there has been no underlying improvement in the labour market.
CONTENTS
Citation
Interesting observations about Labor > Unemployment > Unemployment rates > Unemployment rates > Total
- 26 of the bottom 28 countries by unemployment > unemployment rates > unemployment rates > total are High income OECD.
- United States ranked second last for unemployment > unemployment rates > unemployment rates > total amongst Group of 7 countries (G7) in 2009.
- Slovakia ranked first for unemployment > unemployment rates > unemployment rates > total amongst European Union in 2009.
- 13 of the top 14 countries by unemployment > unemployment rates > unemployment rates > total are Christian.
- All of the top 5 countries by unemployment > unemployment rates > unemployment rates > total are European.
- Turkey ranked first for unemployment > unemployment rates > unemployment rates > total amongst Non-religious countries in 2009.
- Germany ranked second for unemployment > unemployment rates > unemployment rates > total amongst Eurozone in 2009.
- United Kingdom ranked 7th last for unemployment > unemployment rates > unemployment rates > total amongst NATO countries in 2009.
- Canada ranked first for unemployment > unemployment rates > unemployment rates > total amongst English speaking countries in 2009.
