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Unemployment Rates (Jobless Rate YoY)


The unemployment rate is defined as the level of unemployment divided by the labor force. The labor force is defined as the number of people employed plus the number unemployed but seeking work. The unemployment rate is also a good indicator of the extent to which the economy is operating at full capacity.





Latest News on Unemployment

Japan’s Jobless Rate Rises to 3.9%
Published: 12/29/2008 8:15:24 AM By: TradingEconomics.com, Bloomberg

Japan’s unemployment rate rose in November as plunging exports prompted companies to fire workers.

UK Unemployment Rises
Published: 12/17/2008 6:22:05 AM By: TradingEconomics.com, Financial Times

The number of people claiming unemployment benefit climbed to 1.07m last month, exceeding the one million mark for the first time since 2001, official figures revealed on Wednesday.

Australia Jobless Rate Rises
Published: 12/10/2008 4:55:42 PM By: TradingEconomics.com, Bloomberg.com

Australia’s jobless rate climbed to the highest in a year as employers cut part-time workers in November, adding to signs the economy may follow Japan, the U.S. and Europe into a recession.

Swiss Unemployment Rises
Published: 12/9/2008 5:41:32 AM By: TradingEconomics.com, Bloomberg.com

The seasonally adjusted jobless rate increased to 2.7 percent from 2.6 percent the previous month, the State Secretariat for Economic Affairs in Bern said today.

Canada Lost 70,600 Jobs
Published: 12/5/2008 7:16:15 AM By: TradingEconomics.com, Bloomberg.com

Canadian employment fell by the most since 1982 in November, led by manufacturing, a sign the world’s eighth-largest economy is falling victim to a global recession.

U.S. Payrolls Decline by 533,000
Published: 12/5/2008 6:57:14 AM By: TradingEconomics.com, Bloomberg.com

U.S. companies slashed payrolls at the fastest pace in 34 years as the economy headed for its deepest and longest recession since World War II.

U.S. Companies Cut 250,000 Jobs in November
Published: 12/3/2008 5:49:22 AM By: TradingEconomics.com, Bloomberg.com

Companies in the U.S. eliminated an estimated 250,000 jobs in November, the most since November 2001, a private report based on payroll data showed today.

Japan Jobless Rate Falls to 3.7%
Published: 11/28/2008 8:56:57 AM By: TradingEconomics.com, Bloomberg.com

Japan’s unemployment rate unexpectedly fell in October as people stopped looking for work.

Euro Area Unemployment up to 7.7%
Published: 11/28/2008 8:23:22 AM By: TradingEconomics.com, Bloomberg.com

The Euro Area unemployment rate rose to 7.7 percent in October from 7.6 percent in September, the highest level since January 2007.

Brazil Unemployment Rate Declined to 7.5%
Published: 11/19/2008 6:06:42 AM By: TradingEconomics.com, Bloomberg.com

Brazil's unemployment rate fell to the second-lowest level in seven years in October, national statistics agency said today.