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CountryDateUnemployment Rate
United States [+]December 20174.1%
Euro zone [+]November 20178.7%
United Kingdom [+]October 20174.3%
Germany [+]November 20173.6%
France [+]November 20179.2%
Japan [+]November 20172.7%

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