Unemployment Rate: 1978 Countries
| Countries | Unemployment Rate | Ch. | Ann. ch. | Month | |
|---|---|---|---|---|---|
| United States [+] | 6.0% | 0.10 | -0.40 | December 1978 | |
| United Kingdom [+] | 5.3% | -0.10 | -0.40 | December 1978 | |
| Japan [+] | 2.2% | 0 | 0.10 | December 1978 | |
| Australia [+] | 6.4% | 0.07 | December 1978 | ||
| Canada [+] | 8.3% | 0 | -0.20 | December 1978 | |
| < Unemployment Rate 1977Unemployment Rate 1979 > | |||||
Unemployment Rate: Youth unemployment
| Countries | Unemployment < 25 | Male unemployment < 25 | Female unemployment < 25 | Month | |||
|---|---|---|---|---|---|---|---|
| Japan [+] | 3.6% | 3.8% | 3.7% | December 1978 | |||
| Australia [+] | 13.3% | 11.8% | 15.6% | December 1978 | |||
| Canada [+] | 14.0% | 14.2% | 13.7% | December 1978 | |||
| < Unemployment Rate 1977Unemployment Rate 1979 > | |||||||
Unemployment Rate: By sex
| Countries | Male unemployment | Female unemployment | Month | ||
|---|---|---|---|---|---|
| United States [+] | 5.3% | 7.0% | December 1978 | ||
| United Kingdom [+] | 4.8% | 6.1% | December 1978 | ||
| Japan [+] | 2.3% | 2.0% | December 1978 | ||
| Australia [+] | 5.5% | 8.1% | December 1978 | ||
| Canada [+] | 7.4% | 9.6% | December 1978 | ||
| < Unemployment Rate 1977Unemployment Rate 1979 > | |||||
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