CountryDateUnemployment Rate
United States [+]October 20174.1%
Euro zone [+]September 20178.9%
United Kingdom [+]September 20174.3%
Germany [+]September 20173.6%
France [+]September 20179.7%
Japan [+]September 20172.8%

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