2023). In contrast, remittances speed up the rate at which investment projects are realized if they are made over the long term through the accumulation of money. In underdeveloped nations, this may result in job development and a reduced unemployment rate (Uddin & Rahman 2023). Therefore, ...
In 2023, South Africa had the highest unemployment rate in the world, at 32.1 percent. Of the 10 countries with the highest unemployment rates, six were in Sub-Saharan Africa. What exactly is unemployment? The unemployment rate is the number of people in the workforce currently looking for ...
Unemployment rate in selected world regions between 2018 and 2023 Unemployment rate9.59%9.59%6.56%6.56%6.21%6.21%6.03%6.03%5.89%5.89%5.59%5.59%4.53%4.53%3.86%3.86%3.84%3.84%9.95%9.95%6.75%6.75%6.92%6.92%6.14%6.14%6.2%6.2%5.86%5.86%5.04%5.04%4.09%4.09%3.83%3.83%10.89%10.89%7.72%7.72%9.16%...
Below, we show youth unemployment rates by region in 2023.RegionYouth unemployment rate (2023) Arab States 28.6% Northern Africa 22.5% Southern Asia 14.9% Northern, Southern and Western Europe 14.8% Eastern Asia 14.3% Latin America and the Caribbean 13.6% Central and Western Asia 13.4% Eastern ...
May 5, 2023 – Employment rose by 253,000 in April as the U.S. unemployment rate stands at 3.4 percent, according to today’sU.S. Bureau of Labor Statisticsreport. The number of unemployed persons is 5.7 million in April. Employment continued to trend up in professional and business servic...
Unemployment rates have been increasing in the US, UK, Canada, Germany, Australia and Switzerland. In the US, the unemployment rate rose to 4.3% in July 2024 from 3.5% a year earlier; in the UK, it rose to 4.2% in May from 3.8% in November 2023; in Canada, it ...
RIO DE JANEIRO, Feb. 16 (Xinhua) -- Brazil recorded an unemployment rate of 7.8 percent in 2023, down 1.8 percentage points from 2022, the state-run Brazilian Institute of Geography and Statistics (IBGE) reported on Friday. The unemployed population in 2023 was 8.5 million, 1.8 million less...
SEATTLE (KOMO) — As college graduates celebrate a major milestone, new numbers show the unemployment rate for United States grads has jumped in just the last year. According to the Bureau of Labor and Statistics, it is now above ...
The U.S. October CPI came in line with expectations, accelerating slightly to an annual inflation rate of 2.6%.
Asia-Pacific markets fell across the region on Tuesday as the Bank of Japan kicked off its two-day monetary policy meeting. The BOJ is expected to raise its benchmark interest rate and trim its Japanese government bond purchases. Economists polled by Reuters expect the bank to increase its ben...