Unemployment Rate facts

While investigating facts about Unemployment Rate Today and Unemployment Rate In India, I found out little known, but curios details like:

The Shakopee Mdewakanton Tribe is the richest Native American Tribe, with each member being paid $1 million per year from casino profits. And there is a voluntary 99.2 percent unemployment rate within the tribe.

how unemployment rate is calculated?

Cambodia has an unemployment rate of approximately 0%

What unemployment rate is considered high?

In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what's unemployment rate now. Here are 46 of the best facts about Unemployment Rate Australia and Unemployment Rate Us I managed to collect.

what unemployment rate is good?

In 2009, Detroit had a worse unemployment rate than during the Great Depression.
that U.S. higher education produces far more science and engineering graduates annually than there are job openings... high unemployment rates prevail for recent graduates even in fields with alleged serious “shortages” such as information systems (11.7 percent).
Djibouti's unemployment rates are very high - almost 60% in urban areas and 80% in rural areas.
Zimbabwe has the highest unemployment rate worldwide; 95%.
Lunik IX, a borough of the Slovakian city of Košice has a poverty rate so high that unemployment is close to 100 percent. Gas, water and electricity service has been cut off for the entire area, and bus drivers receive hazard pay for taking routes through the district.
The unemployment rate was 1.2% lower than it would have been without the mining of iron ore.
The unemployment rate between 1933 and 1934 was one in four people (25%). It would not fall below 10% until the Second World War began.
Unemployment is defined by the media using the U3 Method instead of the U6 (Which is the real unemployment rate).
The country of Nauru has an unemployment rate of over 90%, along with over 97% of men and 93% of women being overweight/obese.
If the Canadian unemployment rate was calculated using US standards, it would drop by one percentage point; an average of 6.6% unemployment would drop down to 5.6%.

unemployment rate facts — What unemployment rate in united states?

Unemployment Rate data charts

For your convenience take a look at Unemployment Rate figures with stats and charts presented as graphic.

unemployment rate fact data chart about Unemployment Rate By Political Party Since 1949 — Unemployment Rate By Political Party Since 1949

unemployment rate fact data chart about Annual change in the unemployment rate in the United States — Annual change in the unemployment rate in the United States between November 2016 and November 2017

Why unemployment rate increase?

You can easily fact check why unemployment rate is low by examining the linked well-known sources.

Nauru, a tiny island nation in the South Pacific that once had the highest per-capita income in the world due to phosphate mining. The mining industry has since collapsed and the unemployment rate is 90%.

Divide County, North Dakota has the lowest unemployment rate in the US (1.9%). - source

Thailand has the lowest unemployment rate because of their weird definition of "unemployment" - source

13,000 cans of beer per day are sold in White Clay, NE, which has a population of 14. This is sold mainly to Native Americans on the Pine Ridge Indian Reservation in South Dakota, where alcohol has been banned due to rampant alcohol problems and an >75% unemployment rate. - source

When unemployment rate report?

Black Unemployment in the US has been reported to be the lowest rate ever record in history today

How unemployment rate is determined?

An estimated 2,000 Michigan residents were forced into bankruptcy and had wages garnished by the state seeking over payment of unemployment. The program used had a 93% error rate.

Unemployment rates can get too low, and a healthy range is from 4.5-5%.

Cambodia had a 0% unemployment rate in 2011, while Zimbabwe had a 95% unemployment rate in 2009.

South Africa is the country with the highest unemployment rate. (source OECD)

South Africa is the country with the highest unemployment rate.

Unemployment rate infographics

Beautiful visual representation of Unemployment Rate numbers and stats to get perspecive of the whole story.

unemployment rate fact infographic about Get a Job, Keep a Life: Unemployment Rate and Work-Life Bala — Get a Job, Keep a Life: Unemployment Rate and Work-Life Balance in the OECD

unemployment rate fact infographic about Labor Force and Unemployment Rate in California - Dec. 2018 — Labor Force and Unemployment Rate in California - Dec. 2018

What does it mean when unemployment rate is low?

The unemployment rate is nowhere near as low as 5.6% but if you make make as little as $20 a week you are considered employed by the new poll criteria. "as many as 30 million Americans are either out of work or severely underemployed."

The 3 countries with the lowest unemployment rates are Qatar, Cambodia, and Belarus

North Dakota has the lowest unemployment rate in the united states at 2.7% that's 2.2 times smaller than NY and 2.6 times lower than CA.

The real unemployment rate in the US for people in working age (15 to 65) is more than 30%

Japan's Philips Curve (an observation that in the short run, unemployment rates and inflation rates are negatively correlated) for the period 1980-2005 looks like Japan.

How unemployment rate is measured?

John Maynard Keynes, an economist, predicted World War II twenty years before it occurred - citing unemployment and high inflation rates as the cause.

The Misery Index (the rate inflation + unemployment) was at the lowest level in August since Eisenhower was in office

The real U.S. unemployment rate is 9.7% and only about 45% employed are employed at a "good job"

A systematic review of around 100 studies found strong and consistent effects of the minimum wage raising unemployment rates.

In 20013 among individuals ages 25–34, the unemployment rate overall was higher for males than for females. Male unemployment rate was 8.4%, female unemployment rate was 7.5%.

Andalusia is the european region with the highest unemployment rate (nearly 60% among the under 25s) and highest school dropout rate (almost 1 in 3 pupils leave school at 16). The Socialist Party has ruled Andalusia since 1982.

The economy of Zimbabwe shrunk significantly after 2000 and has a 95% unemployment rate

Mortality rates and unemployment rates are inversely related. "Every percentage-point increase in a person's state unemployment rates was a linked to a 9% reduction in the risk of death - the equivalent of reducing a person's age by 1 year."

Merced, California was ranked in 2017 as a less than desirable place to live due to an annual unemployment rate of 10.7 percent, worse than nearly any other city in the United States. However, locals say is mostly safe from major natural disasters, and noted its bike lanes

Lunik IX, a borough of the Slovakian city of Košice has a poverty rate so high that unemployment is close to 100 percent. Gas, water and electricity service has been cut off for the entire area, and bus drivers receive hazard pay for taking routes through the district.

At current rates the Nederlands is set to become the first country to reach an average work week under 21 hours (currently at 27 hours), which is the amount recommended by the New Economics Foundation for addressing problems such as unemployment, overworking and high carbon emissions.

Spain's unemployment rate in 2015 equaled the United States during the Great Depression.

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