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Unemployment rate 1881 to 2017 [1] Unemployment in the United Kingdom is measured by the Office for National Statistics. As of February 2024, the U.K. unemployment rate is 3.8%, down from 3.9% in January. [2][3] In the three-month figures (July to September 2022) [4][needs update] the unemployment rate was estimated at 3.6%, which is 0.2 ...
[2] [3] Unemployment rates are often seasonally adjusted to avoid variations that depend on time of year. [2] [3] Employment rate as a percentage of total population in working age is sometimes used instead of unemployment rate. For purposes of comparison, harmonized values are published by International Labour Organization (ILO) and by OECD.
Unemployment is a major social issue in India. As of September 2018, according to the Indian government, India had 31 million jobless people. [48] The numbers are widely disputed.The uses of digital manufacturing and machinery in factories and garments are leading to unemployment in India.
The Organisation for Economic Co-operation and Development defines the employment rate as the employment-to-population ratio. [1] This is a statistical ratio that measures the proportion of a country's working age population (statistics are often given for ages 15 to 64 [2][3]) that is employed. This includes people that have stopped looking ...
This may have been a political convenience, states Mahesh Vyas, as "no measurements means there are no [political] arguments" about unemployment in India. CMIE, a non-government private entity, started to survey and publish monthly unemployment data for the first time in Indian history in 2016.
Unemployment is also set to be slightly worse than previously expected by the IMF, according to the latest report. It said the UK unemployment rate is set to have been 4.3% for 2024 as a whole ...
The ONS said the jobless rate jumped to 4.2% in the three months to February, up from 3.9% in the three months to January. UK unemployment rate jumps by more than expected amid cooling jobs market ...
The unemployment rate is a lagging indicator: employment tends to increase two or three quarters after an upturn in the general economy. [ citation needed ] . In a performance measuring system, profit earned by a business is a lagging indicator as it reflects a historical performance; similarly, improved customer satisfaction is the result of ...