Unemployment in Different Countries

Almost all the countries, irrespective of developed or developing or underdeveloped, in the world are suffering from unemployment.. Different countries have different types of unemployment. The rate of unemployment is low in the developed countries compared to the developing and the underdeveloped ones. Here, we will discuss about the unemployment situation in some countries.

Almost all the countries, irrespective of developed or developing or underdeveloped, in the world are suffering from unemployment.. Different countries have different types of unemployment. The rate of unemployment is low in the developed countries compared to the developing and the underdeveloped ones. Here, we will discuss about the unemployment situation in some countries.

Australia:

Australia has been suffering from unemployment problems for a long time, precisely thirty years starting from 1940. Of late, the Australian government has reduced the rate of unemployment significantly. Presently the rate of unemployment is only 4.4%.

In Australia unemployment means work without pay for at least one hour in a week, provided that the eligible worker is actively searching for job during the period.

However, after the Second World War, the rate of unemployment had been varying from 1% to 2% of the labor force. Currently, the rate of youth and long-term unemployment improved to a great extent. Several new employment opportunities are now coming for the older workers.

Japan:

Although unemployment rate in Japan is low compared to the other developed countries in the world but still, it is a serious concern for the Government. The unemployment rate has been fluctuating over the last few years.

In 2003, the country’s unemployment rate was 5.4%. In the next year, the unemployment rate improved to 5.3 %. In 2005, the rate of unemployment again experienced a fall and became 4.7%. In the next year the rate decreased again and stood at 4.4%. In 2007, the unemployment rate came down to 4.1%, which was a record. So it is visible that the rate of unemployment is showing a decreasing trend, which is a great achievement of the Japanese government.

Egypt:

Egypt has been suffering from high unemployment rate for the last five years. Female and rural unemployment rate is very high. In 2003, the rate of unemployment was 12%. In 2005, the unemployment rate went up to a record high, 14%. The Ministry of Manpower and Trade Unions has failed to balance between the workers’ right and the interests of the private companies. Therefore, the situation gets worse.

Italy:

The structure of unemployment in Italy is complex, based on the market interactions and disaggregated unemployment rates. Unemployment in this country is characterized by mainly three dimensions namely, age differential, regional and gender differential.

However, Italy has been suffering from high rate of unemployment for the last five years. In 2003, the rate reached at a high of 9.1%. Although in 2006, it decreased a bit, 7.7%, but unemployment rate in the rural areas are still high.

The United States of America:

In US, the rate of unemployment has been fluctuating in the range 4% to 10% since 1960. In the mid 60s, the rate had been steady at 5% whereas, during the 1980s, the rate went up to almost 8%. In the 1990s, the unemployment rate averaged at 5%. In 2008, the unemployment rate in US is nearly 5.1%. The number of unemployed men is increasing more than the women. Moreover, unemployment among then Afro-Americans has also increased over the last few years.

 

• Unemployment in United States
   
• Unemployment in Canada
   
• Unemployment in Egypt
   
• Unemployment Scenario in India
   
• Unemployment in Japan
   
• Unemployment in Australia
   
• Unemployment in China
   
• Unemployment in Brazil
   
• Unemployment in South Africa
   
• Unemployment in Nigeria