the table compares the proportion of people who were unemployed in the total labour workforce among 9 different nations, from 1994 and 2004.
Overall, almost all given countries witnessed their unemployment rate declining by varying degrees, leaving aside of Poland, Japan, and Germany, whose figures increased significantly. It is clear that the unemployment rate of Ireland was the leading expenditure in the first year surveyed, whereas Japan accounted for the smallest share. Over the period, Japan still recorded a low proportion despite experiencing the most pronounced rise whilst Poland overtook Ireland to become the most popular category.
According to the category that experienced the moderate decrease in the unemployment rate. The expenditure of Italy, Canada, and Australia on each item fell by approximately 3% over a decade, starting in 1998 at 11.8%, 10.6%, 7.2% and ending at 8.4%, 7.7%, 4,7%, respectively, over the next 10 years.
Followed a similar pattern, but ,more significantly, The joblessness rate that decrease considerately regarded to figures for Ireland and the UK. The percentage of people out of work in Ireland was recorded at a modest ratio, 14.8% in 1994. But then followed by a steep decline, falling to 4.4% by 2010. The unemployment rate in the UK experienced a similar downward trend, albeit less pronounced , standing at 9.5% in the first year surveyed, the figures then recorded a two fold fall to almost 4,7% in 2004.
Unlike the downward trend all the countries mentioned, Poland, Japan, and Germany rise significantly. Poland experienced an uptick, raising from 12.4% to 19% over 10 years, its figures then surpassed Ireland to become the nation with highest joblessness rate. The figures for Japan unemployment ratio standing at 2.7% in 1994 then doubled to 4.5% in 2004 while that, Germany also witness a rise but at lower rate, increasing from 7% to 9.4% in the period given.
