The lowest unemployment rate were recorded in Poland (3.1%), Czechia (3.2%), the Netherlands (3.6%) and Malta (4.4%). In the EU -27 a total of 15.6 million citizens were without employment in January 2021. This represents an unemployment rate of 7.3%.
What country has the lowest rate of unemployment?
Lowest Unemployment Rates
- Qatar: 0.1%
- Cambodia: 0.3%
- Niger: 0.4%
- Belarus: 0.5%
- Lao People’s Democratic Republic: 0.7%
- Myanmar: 0.8%
- Bahrain: 1.2%
- Tonga: 1.2%
What country has European Union’s highest percent unemployed?
Among European countries, Greece is currently suffering the worst unemployment rate at 16.5 percent, followed by Spain at 16.1 percent while Czechia has the lowest unemployment rate at 3.1 percent.
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Unemployment rate in selected European countries as of December 2020.
| Unemployment rate | |
|---|---|
| – | – |
| – | – |
| – | – |
| – | – |
What is the unemployment rate in EU?
The EU unemployment rate was 7.6% in October 2020, stable compared with September 2020 and up from 6.6% in October 2019. These figures are published by Eurostat, the statistical office of the European Union.
What country has highest unemployment rate?
In 2017, Burkina Faso had the highest unemployment rate in the world, at 77 percent.
Which country has best employment rate?
The employment rate of Iceland was at 83.8 percent in 2019. the highest of any OECD country.
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Employment rate in OECD countries in 2019.
| Employment rate | |
|---|---|
| Japan | 77.6% |
| New Zealand | 77.4% |
| Sweden | 77.1% |
| Germany | 76.7% |
What was the highest unemployment rate in 2020?
The unemployment rate in April 2020 increased by 10.3 percentage points to 14.7 percent. This is the highest rate and the largest over-the-month increase in the history of the data (available back to January 1948).
Which European countries have the highest unemployment?
The highest unemployment rate was recorded in Greece (in November 2020) and Spain (each 16.2%).
Why are unemployment rates higher in Europe?
What is the Cause of Unemployment in Europe? Cyclical Unemployment The sharp rise in unemployment since the start of the recession in 2009 reflects the impact of falling demand on jobs and employment. Overvalued Exchange Rate.
What is the unemployment rate in Germany today?
For 2020 thus far, the annual average unemployment rate amounted to 5.9 percent. The unemployment rate shows the share of unemployed people among potential employees available for the job market.
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Annual average unemployment rate in Germany from 2004 to 2020.
| Unemployment rate | |
|---|---|
| 2019 | 5% |
| 2018 | 5.2% |
| 2017 | 5.7% |
| 2016 | 6.1% |
What is the rate of unemployment in Ireland?
The application of the standard methodology gives a seasonally adjusted Monthly Unemployment Rate of 5.8% for March 2021, unchanged from February 2021 and up from 5.0% in March 2020.
What country has the best economy?
The Top 25 Economies in the World
- United States.
- China.
- Japan.
- Germany.
- India.
- United Kingdom.
- France.
- Italy.
What is a good rate of unemployment?
Many consider a 4% to 5% unemployment rate to be full employment and not particularly concerning. The natural rate of unemployment represents the lowest unemployment rate whereby inflation is stable or the unemployment rate that exists with non-accelerating inflation.
How many countries are there in earth?
Countries and Regions of the World from A to Z
Since South Sudan became an independent state on 9 July 2011, there are now 195 independent sovereign nations in the world (not including the disputed but de facto independent Taiwan), plus some 60 dependent areas, and several disputed territories, like Kosovo.