World - Economic Indicators

Global Outlook: Labor Markets on the Edge

Jul 10, 2020

View the Moody's Analytics Global Forecast. Unemployment has already peaked in countries where the pandemic hit early this spring. We expect 2020 unemployment rates of 8.9% in the U.S. and 9.8% in the euro zone. China is ahead in its recovery, and we estimate the unemployment rate will be 4.7% for 2020. Future waves of unemployment are possible due to weak trade and resurgent infections. Lockdown measures to prevent the spread of COVID-19 have devastated...

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Labor Reference Last Previous Units Frequency
Unemployment Rate 2017 5.49 5.53 % of total labor force Annual
Demographics Reference Last Previous Units Frequency
Birth Rate 2016 18.89 19.08 # per Ths. pop. Annual
Death Rate 2016 7.65 7.66 # per Ths. pop. Annual
Net Migration 1962 0 # Annual

Economic Indicators for World including actual values, historical data, and latest data updates for the World economy.