LU2: Combined rate of time-related underemployment and unemployment in G7
G7: LU2: Combined rate of time-related underemployment and unemployment was 6.67 in 2027. ▼ Falling
LU2: Combined rate of time-related underemployment and unemployment in G7, 2005–2027
Source: International Labour Organization.
Analysis
The most recent figure for lu2: combined rate of time-related underemployment and unemployment in G7 is 6.67, measured in 2027.
That represents a change of down 0.6% on the previous year and down 14.6% over ten years.
Over the whole period, lu2: combined rate of time-related underemployment and unemployment in G7 peaked at 12.07 in 2009 and was at its lowest, 6.2, in 2023.
G7 ranks 73rd of 87 groups on this measure, 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 G7, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 8.85 | — |
| 2006 | 8.55 | -3.4% |
| 2007 | 8.38 | -2.0% |
| 2008 | 9.42 | +12.5% |
| 2009 | 12.07 | +28.2% |
| 2010 | 11.98 | -0.8% |
| 2011 | 11.13 | -7.1% |
| 2012 | 10.77 | -3.2% |
| 2013 | 10.56 | -2.0% |
| 2014 | 9.7 | -8.1% |
| 2015 | 8.98 | -7.4% |
| 2016 | 8.44 | -6.1% |
| 2017 | 7.8 | -7.5% |
| 2018 | 6.98 | -10.6% |
| 2019 | 6.61 | -5.2% |
| 2020 | 10.03 | +51.7% |
| 2021 | 7.71 | -23.2% |
| 2022 | 6.23 | -19.1% |
| 2023 | 6.2 | -0.5% |
| 2024 | 6.38 | +3.0% |
| 2025 | 6.56 | +2.7% |
| 2026 | 6.71 | +2.3% |
| 2027 | 6.67 | -0.6% |
Biggest year-on-year movements
Years where LU2: Combined rate of time-related underemployment and unemployment in G7 changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +51.7% | 6.61 | 10.03 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.45 | 8.38 | 12.07 | 5 |
| 2010s | 9.3 | 6.61 | 11.98 | 10 |
| 2020s | 7.06 | 6.2 | 10.03 | 8 |
Countries ranked near G7
More work & labour data for G7
- Persons outside the labour force (ILO modelled estimates) 269,967 (2027)
- Labour force participation rate (ILO modelled estimates) 60.06 (2027)
- Labour force (ILO modelled estimates) 405,962 (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.0197 % change on previous year (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 0.8793 % change on previous year (2027)
- Employment-to-population ratio (ILO modelled estimates) 57.33 (2027)
- Unemployment rate (ILO modelled estimates) 4.55 (2027)
- Labour dependency ratio 1.05 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 133,818 (2027)
- Output per worker, GDP constant 2015 US $ 110,526 (2027)
Frequently asked questions
- What is lu2: combined rate of time-related underemployment and unemployment in G7?
- Lu2: combined rate of time-related underemployment and unemployment in G7 was 6.67 in 2027, according to International Labour Organization.
- What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in G7?
- The highest recorded value was 12.07 in 2009.
- What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in G7?
- The lowest recorded value was 6.2 in 2023.
- How does G7 rank for lu2: combined rate of time-related underemployment and unemployment?
- G7 ranks 73rd out of 87 groups with data for 2027.
- Is lu2: combined rate of time-related underemployment and unemployment rising or falling in G7?
- Over the last ten years it is down 14.6%. The long-run trend across the full record is falling.
- Where does this G7 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.