World's 10 Most Unemployed Countries
Bangalore: Recently, you might have read about the 9 countries where everyone has a job which was interesting to know. But there are few other countries in the world where there are more number of unemployed citizens because of the country’s economic crisis. More number of European, African and South American countries, are struggling to still recover from the crisis that had hit them by the recession couple of years ago. More number of young professionals around the world are struggling to find a job in this tough job market. Here are the top 10 most unemployed countries in the world you need to know.
1. South Africa:
Unemployment Rate: Declined to 23.9 percent in the fourth quarter.
The main reason behind this unemployment can be because of the poor education system in the country, reports Meredith Lepore on the Business Insider. As per a report released in the capital city of country Pretoria, the jobless rate has fell from 25 percent in the past three months. As per some of the facts tracked by Bloomberg team, South Africa has the highest unemployment rate among 61 nations reported Andres R. Martinez on the Bloomberg Businessweek.