Top Nations Where Everyone Are Employed
2. Belarus:
Officially called as the Republic of Belarus, is a landlocked nation in the Eastern part of Europe. The country’s strongest economic sector is the manufacturing and the industrial sector. In the year 2010, this nation experienced the highest rates of industrial growth at over 10.5 percent, in the entire world. The Gallup report says that this industrial growth might have laid a large impact on the lowest unemployment rate in the country. In this nation, whoever registers for the unemployment benefits must simultaneously register for a public works program, where the positions in this public sector are usually part-time job positions as well as the employee will be paid low for that. Around 50 percent of the employees working in Belarus work for full time basis for their employees and as this nation’s unemployment rate is below 5 percent, it can be considered as almost everyone is employed over here.
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1. Austria:
Austria, officially known as the Republic of Austria, is another landlocked nation that comes towards the central part of Europe. This nation has a highly advanced market economy. The country has continuously maintained a lower rate of unemployment in the recent years including the recession period as well. ‘Austrian Times’ reported that, Austria is the only nation among the entire European nations with the lowest unemployment rate.