Unemployment

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  • Over Half Of Youth Unemployed In South Africa

    npr.org 4 hours, 10 minutes ago

    South Africa's youth unemployment rate is staggeringly high. The country's overall unemployment rate is 24 percent, and an incredible 73 percent of those people are under the age of 35. Many fear the situation is a ticking time bomb, with the threat of violence looming. Now political parties are strongly lobbying for the support of the youthful unemployed, who have played a huge role in determining the country's leaders.

  • Poland's Unemployment Drops To 12.9 Pct In April

    boston.com 3 days, 11 hours ago

    Official figures show that Poland's unemployment rate dropped to 12.9 percent at the end of April from 13.3 percent the previous month.

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  • Well, as of 10am today my - via Daymix
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  • (Of course no more ought be - via Daymix
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via Wikipedia
Unemployment, as defined by the International Labour Organization, occurs when people are without jobs and they have actively sought work within the past four weeks. The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labor force. In a 2011 news story, BusinessWeek reported, "More than 200 million people globally are out of work, a record high, as almost two-thirds of advanced economies and half of developing countries are experiencing a slowdown in employment growth," the group said.

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