A few weeks ago I posted that Spain's unemployment rate is over 21% and today, the Bureau of Labor Statistics released its monthly report saying "official" US unemployment is at 9% (its really at 17% but Shhh... Shhh....)
So I was curious to see the most recent unemployment rate figures of other nations. Because I do not know the interworkings of ever nation's Department of Labor, I can not state if or which nations doctor their numbers as is done in America. So the following figures are the most accurate information I can provide...
Afghanistan- 35% as of March, 2011; yes 35 out of every 100 unemployed
Australia- 4.9% as of March, 2011- that's a normal percentage
Austria- 4.8% as of February, 2011
Belgium- 7.6% as of February, 2011
Brazil- 6.5% as of February 2011, and their nation is really growing
Canada- 7.6% as of April, 2011
China- 4.1% as of late 2010; any surprise it will be #1 by 2016
Croatia- 19.3% as of March, 2011; that's about 1 in 5
Egypt- 9.7% as of early 2011 before Mubarrak left
France- 9.5% as of April 2011; 2010 was 9.1% unemployed
Germany- 6.3% as of February, 2011
India- 10.8% as of early 2011; growing nation with expanding population
Ireland- 14.6% as of May, 2011; 1 in 7 out of work.. other 6 working for IMF
Italy- 8.6% as of January, 2011
Mexico- 5.38% as of February, 2011; with figures like that, you may start seeing 'gringos' rushing over the border for a job
Portugal- 11.2% as of January, 2011
Russia- 7.4% as of February, 2011
South Africa- 25% as of March, 2011; guess the World Cup didn't help
Spain- 21.3% as of April, 2011
United Kingdom- 7.8% as of February, 2011
United States- 9% as of May, 2011; really 17% when counting the U-6 factors which are conveniently ignored (Kinda like saying only 9% of Americans are redheads by intentionally ignoring the other 8% from your calculations)
Vietnam- 2.9% as of March, 2011; guess that's what happens when a nation makes everything the rest of the world consumes
Zimbabwe- 95% as of early 2011; yes.. 95%.. 9 out of 10 jobless
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