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Unemployment Rate
The unemployment rate is the percentage of people in the total labor force who are unemployed, reflecting the supply and demand conditions of a country's job market. Unemployed individuals are defined as those aged 15 and above who simultaneously meet the following criteria: (1) they are without a job; (2) they are available to start work immediately; and (3) they are actively seeking employment or are waiting for the results of a job search.
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Other Economic Data
World - Labor Force Participation Rate (% of total population ages 15+, ILO Estimate)
60.6
%
World - Labor Force Participation Rate (% of total population ages 15-64, ILO Estimate)
67.1
%
World - Labor Force Participation Rate (% of total population ages 25-54, ILO Estimate)
78.5
%
World - Output Per Hour Worked (GDP Constant 2017 International Dollar at PPP, International labor Organization Estimates)
24.2
