Unemployment Rate: 1979 Countries
| Countries | Unemployment Rate | Ch. | Ann. ch. | Month | |
|---|---|---|---|---|---|
| United States [+] | 6.0% | 0.10 | 0 | December 1979 | |
| United Kingdom [+] | 5.6% | 0.10 | 0.30 | December 1979 | |
| Japan [+] | 2.0% | -0.10 | -0.20 | December 1979 | |
| Australia [+] | 6.1% | 0.08 | -0.29 | December 1979 | |
| Canada [+] | 7.2% | 0 | -1.10 | December 1979 | |
| < Unemployment Rate 1978Unemployment Rate 1980 > | |||||
Unemployment Rate: Youth unemployment
| Countries | Unemployment < 25 | Male unemployment < 25 | Female unemployment < 25 | Month | |||
|---|---|---|---|---|---|---|---|
| Japan [+] | 3.3% | 3.2% | 3.4% | December 1979 | |||
| Australia [+] | 12.4% | 11.3% | 14.1% | December 1979 | |||
| Canada [+] | 12.2% | 12.5% | 11.8% | December 1979 | |||
| < Unemployment Rate 1978Unemployment Rate 1980 > | |||||||
Unemployment Rate: By sex
| Countries | Male unemployment | Female unemployment | Month | ||
|---|---|---|---|---|---|
| United States [+] | 5.3% | 6.8% | December 1979 | ||
| United Kingdom [+] | 5.1% | 6.3% | December 1979 | ||
| Japan [+] | 2.1% | 1.9% | December 1979 | ||
| Australia [+] | 5.0% | 8.1% | December 1979 | ||
| Canada [+] | 6.6% | 8.3% | December 1979 | ||
| < Unemployment Rate 1978Unemployment Rate 1980 > | |||||
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