Global poverty and employment
Does 15 seem too young to have a full-time job?
In many impoverished countries, youth can’t afford to finish high school, so being out of work at this age means they can’t help provide for their families.
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Employment–population ratio, 59.7 percent; unemployment rate, 4.7 percent in May
In May 2016, there were 151 million employed people among the 253 million that made up the civilian noninstitutional population. The employment–population ratio was 59.7 percent. There were 7.4 million unemployed people in May. The civilian labor force (the number of employed plus the number of unemployed) was 158 million. The unemployment rate (the number of unemployed divided by the labor force, expressed as a percentage) was 4.7 percent.
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ILO: Unemployment and decent work deficits to remain high in 2018
The ILO’s flagship report shows that while the global unemployment rate is stabilizing, unemployment and decent work deficits will stay at persistently high levels in many parts of the world.
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Unemployment rate rose to 4.0 percent in June 2018
In June 2018, the unemployment rate rose 0.2 percentage point to 4.0 percent, and the number of people who were unemployed was 6.6 million. The jobless rate was 3.8 percent in May 2018 and 4.3 percent in June 2017.
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The 20 countries with the highest unemployment rate in 2017
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Top 10 Countries with Most Job Opportunities for Foreigners in 2019
With the economies of countries crashing in some parts of the world, people are beginning to look for the perfect places where they can work and exhibit their skills thereby earning some significant cash in the process. They are moving from one country to another trying to find that place where their potentials will be monetized. While this is a great move, don’t forget that there are countries which don’t have enough job opportunities for citizens let alone foreigners. Seeking a job in these countries is like trying to build a castle in the air because you will either not find a one or paid below what you are worth, and this can be very frustrating. There is no need to give up though as this post will be helping you discover some of those easy residency countries (You can always bet that they’ve got excellent pay):
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