According to David Marek, the chief economist of the Deloitte Company in Prague, the unemployment rate in the Czech Republic is low for two reasons: It was relatively easy to create factory jobs due to government incentives that made the Czech Republic attractive to Global Companies.
This statistic shows the unemployment rate in the Czech Republic from 1999 to 2020. In 2020, the unemployment rate in the Czech Republic was at approximately 1.91 percent. Czech Republic : Unemployment rate from 1999 to 2020.
* as of June 2020. For Germany, the Netherlands, Austria, Finland and Iceland the trend component is used instead of the more volatile seasonally adjusted data. Unemployment rate in member states of the European Union in July 2020 (seasonally adjusted)
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%
Austria and Luxembourg had the lowest unemployment rates at 4.5% and 5.1% respectively. Germany (5.4%) and the Netherlands (5.6%) also recorded low rates of unemployment.
This statistic shows the annual average unemployment rate in Germany from 2004 to 2020. 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.
Unemployment rate: 3.45% (2019 est.) 3.71% (2018 est.)
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.
In 2017, Burkina Faso had the highest unemployment rate in the world, at 77 percent. This means that for every 100 members of the workforce, 77 did not have jobs at the time of the survey.
Sweden displays the highest employment rate in the EU so far: 82.1 %. Such a high rate is also observed in the EFTA countries Iceland (85.9 %) and Switzerland (82.9 %).
Bouzou says this is largely because of three reasons: a lack of trained people for the jobs that are open, a generous welfare system for unemployed people in France that does not always motivate them to look for a job and a lack of adequate housing where many of the jobs are located.
The following are the top 10 countries viewed as those that provide a good job market. United Kingdom. Best Job Market: 10. Norway. Best Job Market: 9. United Arab Emirates . Best Job Market: 8. Qatar. Best Job Market: 7. Japan. Best Job Market: 6. Australia . Best Job Market: 5. China . Best Job Market: 4. Germany. Best Job Market: 3.
For the fourth year in a row, Switzerland is considered the No. 1 Best Country. The country, well-known for its history of neutrality, ranks No.
The highest rate of U.S. unemployment was 24.9% in 1933, during the Great Depression. 1 Unemployment remained above 14% from 1931 to 1940. It remained in the single digits until September 1982 when it reached 10.1%. 2 During the Great Recession, unemployment reached 10% in October 2009.