What is Afghanistan unemployment rate?
approximately 11.73 percent
This statistic shows the unemployment rate in Afghanistan from 2010 to 2020. In 2020, the unemployment rate in Afghanistan was at approximately 11.73 percent….Afghanistan: Unemployment rate from 2010 to 2020.
What was the unemployment rate at the end of 2008?
Unemployment rate rises to 7.2%. NEW YORK (CNNMoney.com) — The hemorrhaging of American jobs accelerated at a record pace at the end of 2008, bringing the year’s total job losses to 2.6 million or the highest level in more than six decades.
How much did unemployment increase in 2008?
In the fourth quarter of 2008, the unemployment rate rose to 6.9 percent and the unemployment level reached 10.6 million, an increase of 2.1 percentage points and 3.3 million persons, respec- tively, over the fourth quarter of 2007. The current recession has hit the labor market particularly hard.
Why was the unemployment rate so low in 2008?
Because older workers have lower unemployment rates, base unemployment rates have fallen with an aging workforce. Hence, the same unemployment rate in January 2008 signals more problems than it would have in early 1990 or even in early 2001.
Is Afghanistan a poor or rich country?
Afghanistan is one amongst the poorest countries in the world. In Afghanistan, poverty is widespread in rural and urban areas. However, it has been estimated that poverty in Afghanistan is mainly concentrated in rural areas. It has been estimated that four out of five poor people live in rural areas.
What is Pakistan unemployment rate?
Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Pakistan unemployment rate for 2020 was 4.65%, a 0.67% increase from 2019. Pakistan unemployment rate for 2019 was 3.98%, a 0.1% decline from 2018.
What was the peak unemployment rate in 2020?
The unemployment rate, however, did not peak until October 2009 when it hit 10.0%. In the most recent recession, the unemployment rate increased from 3.5% in February 2020, to 4.4% in March 2020, and then peaked at a high of 14.8% in the final month of the recession (April 2020).
Did we ever recover from the 2008 recession?
The recession officially ended in the second quarter of 2009, but the nation’s economy continued to be described as in an “economic malaise” during the second quarter of 2011. Some economists described the post-recession years as the weakest recovery since the Great Depression and World War II.
What was the highest unemployment rate in 2020?
The unemployment rate in April 2020 increased by 10.3 percentage points to 14.7 percent. This is the highest rate and the largest over-the-month increase in the history of the data (available back to January 1948).
How did the 2008 recession affect employment?
Job Openings and Employment During the recession, the number of job openings decreased 44 percent while employment declined 5 percent over that same period. A month after the official end of the most recent recession, in July 2009, the number of job openings declined to a series low of 2.1 million.
What was Australia’s unemployment rate in 2008?
|Jan 2008||Feb 07 to Feb 08|
|Employed persons (‘000)||10 629.1||%|
|Unemployed persons (‘000)||462.3||%|
|Unemployment rate (%)||4.2||pts|
|Participation rate (%)||65.2||pts|