What Is The Current Unemployment Rate 2024. Unemployment refers to the share of the labor force that is without work but available for and seeking employment. View data of the unemployment rate, or the number of people 16 and over actively searching for a job as a percentage of the total labor force.

The global unemployment rate is projected at 4.9 per cent in 2024, slightly lower than in 2023 (5.0 per cent) and a downward revision from the previous projection of 5.2 per cent. Compare unemployment rate by country.