Top Nations Where Everyone Are Employed
Bangalore: According to the recent 2011 global unemployment statistics survey conducted by the Gallup agency among all the 148 nations, only 9 countries had an unemployment rate of 5 percent or lesser than that, which can be considered as “fully employed countries”. The most interesting point to be noted here is that majority of the countries are Asian countries. 24/7 Wall St. has reviewed these nine countries to figure out the essential causes of their low jobless rates. Some of the countries among these 9 are having healthy economies as well. If you have any plans of settling down with a job in any abroad nations, you can try out your hand in these countries as well. Listed below are the top nine countries with low jobless rates, as reported on 24/7 Wall St website.
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9. Vietnam:
As the unemployment rate is below 5 percent in this country, it can be considered as the country where almost everyone is employed. In this country, there are just around 20 to 29 percent of the people who work full time for their employer. This country has a high rate of subsistence agriculture jobs. According to the World Factbook, the rate of jobs in the agricultural sector has decreased from just about to 25 percent in 2000 to around 22 percent in 2011. But at the same time the share of jobs in this industry has increased from 36 percent to 40 percent during the same period. This shows the transformational shift of the country’s overall economy.
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