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CountryDateUnemployment Rate
United States [+]February 20174.7%
Euro zone [+]January 20179.6%
United Kingdom [+]January 20174.7%
Germany [+]January 20173.8%
France [+]January 201710.0%
Japan [+]January 20173.0%

Unemployment (or joblessness) occurs when people are without jobs and they have actively sought work. Therefore, the unemployed in a country are those with age, ability and desire to work (labor force) but do not have a job.

The number of unemployed in a country usually was expressed in terms of the labor force, and it is called unemployment rate. The unemployment rate is a percentage and it is calculated by dividing the number of unemployed people by all individuals currently in the labor force.

Unemployment rate = Total Unemployed / Labor force