The line graph depicts the percentage of unemployment in the UK, the remainder of Europe and Japan, throughout 14 years period starting from 1993.
Overall, Japan witnessed an increase in the rate of jobless individuals, whereas other regions showed the different trend. The Uk nation topped of the list, when the European had the highest unemployment rates during practically the whole period measured.
At the start of the period, The UK’s population was unemployed at the starting point of the period, approximately 11% in 1993. This figure then plummeted to 5% in 2001 before remaining unchanged until 2005, when it slight increased 1% in the last year, nearly quadruple that of Japan.
Conversely, the EU had a similar decline, when it started at 9% in the first year, surpassed the UK in 1997 and peak at 12% before dropping sharply to finish at the little at 8%. Japan’s jobless rate started of at the lowest point on the chart 2% and then gradually grew to 3% in 2005 before the level of the next four years. Japan’s unemployment, which rose modestly starting in 1999 and reached the peak at 6% but at its conclusion of that period, it had dropped to 4%