CountryDateUnemployment Rate
United States [+]January 20174.8%
Euro zone [+]December 20169.6%
United Kingdom [+]December 20164.8%
Germany [+]December 20163.9%
France [+]December 20169.6%
Japan [+]December 20163.1%

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