Fifteen Lowest Unemployment Rates by Country, 2011

Posted by By at 5 December, at 11 : 35 AM Print

The unemployment rate is defined as the level of unemployment  divided by the labor force. The labor force is defined as the number of people employed plus the number unemployed but seeking work.

15) 5.20%:            Australia.

14) 5.10%:            Bangladesh.

13) 4.83%:            Mexico.

12) 4.50%:             Japan.

11) 4.30%:             Austria, China & the UAE.

10) 4.28%:             Taiwan.

9)  4.20%:             Denmark.

8)  4.10%:             Sri Lanka.

7)  3.60%:            Mongolia.

6)  3.30%:            Honk Kong, Malaysia & Norway.

5)  3.10%:            South Korea.

4)  2.90%:            Switzerland.

3)  2.60%:            Vietnam.

2)  2.00%:            Singapore.

1)  0.50%:            Qatar.


Source: Unemployment Rates, List by Country

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Eric J. Epstein is RocktheCapital‘s coordinator and a community advocate for good government for over 25 years. Mr. Epstein is also Chairman of the Three Mile Island Alert, Inc., a safe-energy organization founded in 1977; President of EFMR Monitoring Group, Inc., a non-profit economic development corporation established in 1977, and Chairman of the Stray Winds Area Neighbors (SWAN), a smart growth association organized in 2005. Mr. Epstein was a Visiting Assistant Professor of Humanities at PSU-Harrisburg (1992-1999) and co-authored the Dictionary of the Holocaust, which was released by Greenwood Press (1997) - Email Eric Epstein

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