The officially registered unemployed increased to 0.450 million in May from 0.440 million the month before. In May 2023, the jobless rate was higher at 3.2%.

The unemployment rate in the World declined to 4.96 percent in 2023. Therefore, 2023 marks the lowest unemployment rate during the observed period.

Projections indicate that global unemployment is expected to decrease further to 5.3 per cent in 2023, equivalent to 191 million people.

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Civilian unemployment rate, seasonally adjusted. Click and drag within the chart to zoom in on time periods. Civilian unemployment · Reasons for unemployment · Employer · Civilian labor force