LU2: Combined rate of time-related underemployment and unemployment in APEC
APEC: LU2: Combined rate of time-related underemployment and unemployment was 7.39 in 2027. ▼ Falling
LU2: Combined rate of time-related underemployment and unemployment in APEC, 2005–2027
Source: International Labour Organization.
Analysis
In 2027, lu2: combined rate of time-related underemployment and unemployment in APEC stood at 7.39.
That represents a change of down 0.4% on the previous year and down 6.1% over ten years.
Over the whole period, lu2: combined rate of time-related underemployment and unemployment in APEC peaked at 9.58 in 2009 and was at its lowest, 7.38, in 2024.
That places APEC 67th out of 87 groups with data for 2027, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 23 years of available data.
LU2: Combined rate of time-related underemployment and unemployment in APEC, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 8.84 | — |
| 2006 | 8.64 | -2.3% |
| 2007 | 8.5 | -1.5% |
| 2008 | 8.75 | +2.9% |
| 2009 | 9.58 | +9.5% |
| 2010 | 9.19 | -4.1% |
| 2011 | 8.87 | -3.5% |
| 2012 | 8.61 | -2.9% |
| 2013 | 8.49 | -1.5% |
| 2014 | 8.26 | -2.7% |
| 2015 | 8.2 | -0.7% |
| 2016 | 8.06 | -1.7% |
| 2017 | 7.87 | -2.3% |
| 2018 | 7.54 | -4.2% |
| 2019 | 7.58 | +0.5% |
| 2020 | 9.37 | +23.7% |
| 2021 | 8.61 | -8.1% |
| 2022 | 7.81 | -9.2% |
| 2023 | 7.42 | -5.1% |
| 2024 | 7.38 | -0.5% |
| 2025 | 7.39 | +0.2% |
| 2026 | 7.42 | +0.3% |
| 2027 | 7.39 | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.86 | 8.5 | 9.58 | 5 |
| 2010s | 8.27 | 7.54 | 9.19 | 10 |
| 2020s | 7.85 | 7.38 | 9.37 | 8 |
Countries ranked near APEC
More work & labour data for APEC
- Persons outside the labour force (ILO modelled estimates) 906,140 (2027)
- Labour force (ILO modelled estimates) 1.60 million (2027)
- Labour force participation rate (ILO modelled estimates) 63.86 (2027)
- Unemployment rate (ILO modelled estimates) 3.87 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.54 % change on previous year (2027)
- Employment-to-population ratio (ILO modelled estimates) 61.39 (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.2228 % change on previous year (2027)
- Output per worker, GDP constant 2021 international $ at PPP 67,067 (2027)
- Labour dependency ratio 0.953 (2027)
- Output per worker, GDP constant 2015 US $ 41,946 (2027)
Frequently asked questions
- What is lu2: combined rate of time-related underemployment and unemployment in APEC?
- Lu2: combined rate of time-related underemployment and unemployment in APEC was 7.39 in 2027, according to International Labour Organization.
- What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in APEC?
- The highest recorded value was 9.58 in 2009.
- What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in APEC?
- The lowest recorded value was 7.38 in 2024.
- How does APEC rank for lu2: combined rate of time-related underemployment and unemployment?
- APEC ranks 67th out of 87 groups with data for 2027.
- Is lu2: combined rate of time-related underemployment and unemployment rising or falling in APEC?
- Over the last ten years it is down 6.1%. The long-run trend across the full record is falling.
- Where does this APEC data come from?
- The figures come from International Labour Organization, published as part of LU2: Combined rate of time-related underemployment and unemployment (ILO modelled estimates) (15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. LU2 represents the share of the labour force that are either in unemployment or time-related underemployment. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.