The above data and charts explain the story behind the unemployment rate or statistics for all countries for last 5-6 years. The data also shows male vs. female unemployment labour force. The Fig-1 indicates that in 2010 the unemployment rate was less and it started increasing in 2012 and 2013. In 2014, the unemployment rate went higher than last few years. In each country the unemployment rate was increasing on an average. In 2015, the unemployment rate was higher as indicated but figure does not show more information about 2015 as because of unavailability of data. According to “South China Morning Post (2016)”, Foxconn company has asked more than 60,000 employees to lose their job and the company is replacing with “robots”. The Fig-2 & 3 indicate that average unemployment rate in most of the countries is 25%. This unemployment rate is literally very high in comparison to earlier years. All these sources and data indicate that there is dearth in coming future for losing more jobs because of technology advancement and automation in the industries. It is going to be quite a tough time in future with decrease in jobs and increase in population.
The data was collected from various data platforms for example World Bank and International Labour Organization. These government organizations have all available data for long years.
The data collection process:
Firstly, click on the data section of the platform
Searched “Unemployment” data
After getting the list click on the desired data link
The data was from 19th century so the data was customized according to the need
After customization, the filter was applied
With help of the filter the data was downloaded in form of excel sheet
After downloading the data was refined as per data need
This data was then used for getting graphs using excel