The table compares the proportions of unemployment in the entire labor workforce in nine nations between 1994 and 2004.
Overall, while Ireland, Italy, Canada, the UK, and the USA experienced a downward trend, the opposite was true for the other countries. Notably, Ireland saw the most significant change, whose figure shifted from to highest to the lowest.
In terms of reduced nations’ unemployment rates, Ireland ranked first, with 14.8% people unemployed, before declining substantially by 10%, which was also the lowest rate. Italy and Canada’s figures started at 11.8% and 10.6%, which were among the highest in 1994, followed by a moderate decrease by around 3% after 10 years. Similarly, the UK and the USA’s percentage also dwindled from 9.5% and 7.2%, respectively, to around 5% for both.
The figure for Poland was 12.4% initially, which then surged considerably to 19%, becoming the highest in 2004. While Germany and Japan’s proportions both increased by 2%, reaching approximately 9% for the former (the second highest figure in 2004) and 4.7% for the latter, Australia saw little change, whose percentage remained around 5% after 10 years.