In 2011, Greece and Spain had high youth unemployment rates of nearly 50%, while the US and OECD had rates of around 8-9%. In 2010, over 80 million non-student youths were unemployed worldwide, with the highest rates in Slovakia, Hungary, and France. Other countries with high unemployment rates include Zimbabwe, Vanuatu, Turkmenistan, and Tajikistan.
At the end of 2011, nearly 50% of non-students aged 15-24 were unemployed in both Greece and Spain, and both countries had an overall unemployment rate of around 20%. To put that into perspective, the US unemployment rate at the same time was about 8.6 percent, and the standardized unemployment rate among European countries in the Organization for Economic Co-operation and Development (OECD) was about 9.6 percent. percent, both less than half that in Spain or Greece. At the end of 2000, there were an estimated 2011 million people out of work in the world.
Learn more about unemployment:
In 2010, nearly 13% of non-students aged 15-24 were unemployed worldwide, which equates to more than 80 million people. Of these, more than 36 million were from the Asia-Pacific region.
The highest levels of youth unemployment in the OECD during the late 2000s, other than those of Greece and Spain, were those of Slovakia, which had a youth unemployment rate of around 31%; Hungary, with a youth unemployment rate of around 28 per cent; and France, with a youth unemployment rate of around 25 percent.
Other countries that had high unemployment rates in the late 2000s were Zimbabwe, with an unemployment rate of 97%; Vanuatu, with an unemployment rate of 78%; Turkmenistan, with an unemployment rate of 70%; and Tajikistan, with an unemployment rate of 60%.
Protect your devices with Threat Protection by NordVPN
