Comparing Unemployment in 10 industrialized countries

Unemployment condition in some advanced economies of the world present mixed picture from February 2009 to July 2010.

Highlights

  • Countries like US, France, Italy, Sweden, Germany and UK has seen high level of unemployment while Japan, Australia, Netherland had comparatively low level.
  • Unemployment has risen consistently in Netherland.

 

    CHART . Monthly unemployment rates unadjusted by BLS, 10 European Union countries or areas, seasonally adjusted, February 2009–July 2010

unemployment

  • Of the nine foreign countries covered by the BLS unemployment comparisons program, unemployment rates increased in Australia and Sweden for the latest month available.
  • As of the latest month available, the highest unemployment rates were in France (9.6 percent) and the United States (9.5 percent).
  • For EU countries not covered in the BLS comparisons but tracked by BLS, unemployment rates decreased or remained unchanged in July for all countries except Ireland, Spain, and Belgium.
  • Of the foreign countries covered by BLS, employment increased in Australia, Japan, and the United Kingdom for the latest month available.

Chart Source: Bureau of Labour Statistics

Hitesh Anand

I am a post graduate from Newcastle University, UK. I like studying and analyzing economic data and financial health of world.

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