The table illustrates the proportion of the unemployment in the total labour force across nine countries: Ireland, Poland, Italy, Canada, The UK, Germany, The USA, Australia, and Japan over the period of 10 years starting from the year 1994.
Overall, the percentage of unemployed people among four countries: Poland, Germany, Australia, and Japan experienced a noticeable surge, while the opposite was true for the remaining five.
Between 1994 and 2004, Poland and Germany experienced the most substantial escalation from 12.4% to 19% and 7% to 9.4%, respectively. During the same period, in contrast, the Australian and Japanese unemployment rate saw a moderate rise. While that of Japan stood at 2.7% in 1994 and climbed steady by 2% in 2004, there was a negligible increase from 5% to 5.4% in the Australian figure.
On the other hand, the remaining five nations: Ireland, Italy, Canada, the UK, and the USA witnessed a downturn in unemployment rate. In the period from 1994 to 2004, The Irish figure dropped sharply from 14.8% to just 4.4%, making it the most significant reduction compared to its counterparts. Following were the UK and Italy, their figures went down from 9.5% to 4.7% and 11.8% to 8.4%, respectively. Similarly, there was a slight fall in the unemployment rate of Canada from 10.6% to 7.7% and from 7.2% to 5.4% in the USA rate.