Unemployment rates for G-20 countries as of March 2016

The status of unemployment rates for six countries becomes better from the previous period while the status of unemployment rates for seven countries becomes worse off.

The following pie chart shows the status changes from the previous period.

 


Obs Country

Last

Previous

Changes

Type Status

Lastrank

Previousrank

Changesrank

1 United States

4.9

4.9

0.00

Low No Change

13

13

8

2 Euro Area

10.3

10.4

-0.10

High Better

3

3

13

3 China

4.05

4.05

0.00

Low No Change

17

15

8

4 Japan

3.2

3.3

-0.10

Low Better

18

18

13

5 Germany

6.2

4.3

1.90

Medium Worse

8

14

1

6 United Kingdom

5.1

5.1

0.00

Medium No Change

12

12

8

7 France

10.3

10.4

-0.10

High Better

3

3

13

8 Brazil

8.2

7.6

0.60

Medium Worse

5

5

2

9 Italy

11.5

11.4

0.10

High Worse

2

2

6

10 India

4.9

5.2

-0.30

Low Better

13

11

18

11 Russia

5.8

5.8

0.00

Medium No Change

10

10

8

12 Canada

7.3

7.2

0.10

Medium Worse

6

6

6

13 Australia

5.8

6

-0.20

Medium Better

10

8

16

14 South Korea

4.1

3.5

0.60

Low Worse

16

17

2

15 Spain

20.9

21.18

-0.28

High Better

1

1

17

16 Mexico

4.24

3.96

0.28

Low Worse

15

16

4

17 Indonesia

6.18

5.94

0.24

Medium Worse

9

9

5

18 Netherlands

6.5

6.5

0.00

Medium No Change

7

7

8

Analysis Variable :Unemployment Rates

Mean

Minimum

Maximum

Median

Range

7.1927778

3.2000000

20.9000000

5.9900000

17.7000000


The average change of unemployment rates increased by 0.15%  which implies the labor market for G-20 countries got worse off. The unemployment rates of German and Korea increased from the previous period while the unemployment rates for Spain and India fell.

Analysis Variable : Unemployment Changes

Mean

Minimum

Maximum

Median

Range

0.1522222

-0.3000000

1.9000000

0

2.2000000




Inflation rates for G-20 as of March 2016

The following table displays the inflation rates for G-20 countries as of March 2016. The average inflation rate for these countries is 2.1%, and the median inflation is 1.15%. Many European countries are experiencing deflation now. Many advanced countries are experiencing the falling of prices.

Obs

Country

Last

Previous

Changes

Type

Lastrank

Previousrank

Changesrank

1 United States

1

1.4

-0.40

Low

10

9

10

2 Euro Area

-0.2

0.3

-0.50

Deflation

15

13

12

3 China

2.3

1.8

0.50

Mild

6

7

2

4 Japan

0

0.2

-0.20

Low

13

16

8

5 Germany

0

0.5

-0.50

Low

13

12

12

6 United Kingdom

0.3

0.3

0.00

Low

12

13

6

7 France

-0.2

0.2

-0.40

Deflation

15

16

11

8 Brazil

10.36

10.71

-0.35

Hyper

1

1

9

9 Italy

-0.3

0.3

-0.60

Deflation

17

13

16

10 India

5.18

5.69

-0.51

High

3

3

15

11 Russia

8.1

9.8

-1.70

High

2

2

18

12 Canada

1.4

2

-0.60

Low

8

6

17

13 Australia

1.7

1.5

0.20

Low

7

8

5

14 South Korea

1.3

0.8

0.50

Low

9

10

1

15 Spain

-0.8

-0.3

-0.50

Deflation

18

18

12

16 Mexico

2.87

2.61

0.26

Mild

5

5

4

17 Indonesia

4.42

4.14

0.28

Mild

4

4

3

18 Netherlands

0.6

0.6

0.00

Low

11

11

6

Analysis Variable : Last Last

Mean

Std Dev

Minimum

Maximum

Median

N

Range

2.1127778

3.0801677

-0.8000000

10.3600000

1.1500000

18

11.1600000



12 countries are either in low inflation or deflation while three countries are experiencing high inflation.


Note

The prices of Spain and Italy entered the negative territory, and the prices for Brazil and India fell from the previous month.

The prices for South Korea and China rose from the previous month.

Source : Tradingeconomics