Unemployment Rate: 1976 Countries
| Countries | Unemployment Rate | Ch. | Ann. ch. | Month | |
|---|---|---|---|---|---|
| United States [+] | 7.8% | 0 | -0.40 | December 1976 | |
| United Kingdom [+] | 5.5% | 0 | 0.40 | December 1976 | |
| Japan [+] | 1.8% | -0.20 | -0.30 | December 1976 | |
| Canada [+] | 7.5% | 0.10 | December 1976 | ||
| < Unemployment Rate 1975Unemployment Rate 1977 > | |||||
Unemployment Rate: Youth unemployment
| Countries | Unemployment < 25 | Male unemployment < 25 | Female unemployment < 25 | Month | |||
|---|---|---|---|---|---|---|---|
| Japan [+] | 3.1% | 3.5% | 3.0% | December 1976 | |||
| Canada [+] | 13.0% | 13.3% | 12.6% | December 1976 | |||
| < Unemployment Rate 1975Unemployment Rate 1977 > | |||||||
Unemployment Rate: By sex
| Countries | Male unemployment | Female unemployment | Month | ||
|---|---|---|---|---|---|
| United States [+] | 7.2% | 8.5% | December 1976 | ||
| United Kingdom [+] | 5.1% | 6.0% | December 1976 | ||
| Japan [+] | 1.9% | 1.6% | December 1976 | ||
| Canada [+] | 6.8% | 8.5% | December 1976 | ||
| < Unemployment Rate 1975Unemployment Rate 1977 > | |||||
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