from email I recieved.
I did a quick survey of unemployment rates around the world.
The rate of unemployment is the percentage of people who want to work
and are able to work but cannot find a job. It's usually a good measure
of how well to capacity an economy is running. It's often referred to
as a lagging indicator - because companies are often reluctant to hire
even when the economy turns around. They hedge their bets. Here's what I
found:
- UK: 8.3%
- US: 8.1%
- Ireland: 14.7 %
- Canada: 7.2%
- New Zealand: 6.7%
- Australia: 4.9 %
- South Africa : 23.9%
And because so many people ask about working there and I get
tired of telling them that there is little hope, Spain: 23.6%
