Unemployment rare between Singapore and the UK
The comparison of unemployment rate in United Kingdom and Singapore
Based on this chart table, show that the gap of unemployment rate between these two countries, United Kingdom and Singapore is quite has difference. In the year 2008,the unemployment rate in United Kingdom is 5.6% but Singapore is 2.3%,have a difference of 2.3%.The unemployment rate of United Kingdom in year 2009 rises up 1.9% which is 7.5% compared to 5.6% in year 2008 while the unemployment rate of Singapore also have a rise of 0.7% which is 3% compared to year 2008.At the year of 2010,United Kingdom have a rise of 0.4% which is 7.9% compared to year 2009 but Singapore have a declination change in unemployment rate, fall down by 0.9% which is 2.1% the lowest unemployment rate between three year.
In the year of 2008, the unemployment rate of Singapore is 2.3%.This is cause by the reduction of expenditures which is retrenchment to prevent faced a triple whammy threats in the form of surging inflation. While in United Kingdom, the unemployment rate is 5.6%, higher than Singapore..It is caused by the rise in number of redundancies as the effect of the economic downturn has spread beyond the financial and construction sectors. A bigger drop in income than the previous recessions faced by the newly unemployed.
While in the year of 2009, the unemployment rate of Singapore have a rise of 0.7% 5 until achieve 3%of unemployment rate compared to year 2008.The rise was felt across all occupations and industries. The rise in growth of 2009 was mainly driven by those on short term contracts of less than three months including a casual or on-call worker which is reflecting economics uncertainty. It was reflecting faster growth in the resident population and their higher incidence of layoffs. Meanwhile, the unemployment rate of United Kingdom is 7.5%, have a rise of 1.9% in unemployment rate compared to year 2008.United Kingdom has reached its highest level in thirteen
Based on this chart table, show that the gap of unemployment rate between these two countries, United Kingdom and Singapore is quite has difference. In the year 2008,the unemployment rate in United Kingdom is 5.6% but Singapore is 2.3%,have a difference of 2.3%.The unemployment rate of United Kingdom in year 2009 rises up 1.9% which is 7.5% compared to 5.6% in year 2008 while the unemployment rate of Singapore also have a rise of 0.7% which is 3% compared to year 2008.At the year of 2010,United Kingdom have a rise of 0.4% which is 7.9% compared to year 2009 but Singapore have a declination change in unemployment rate, fall down by 0.9% which is 2.1% the lowest unemployment rate between three year.
In the year of 2008, the unemployment rate of Singapore is 2.3%.This is cause by the reduction of expenditures which is retrenchment to prevent faced a triple whammy threats in the form of surging inflation. While in United Kingdom, the unemployment rate is 5.6%, higher than Singapore..It is caused by the rise in number of redundancies as the effect of the economic downturn has spread beyond the financial and construction sectors. A bigger drop in income than the previous recessions faced by the newly unemployed.
While in the year of 2009, the unemployment rate of Singapore have a rise of 0.7% 5 until achieve 3%of unemployment rate compared to year 2008.The rise was felt across all occupations and industries. The rise in growth of 2009 was mainly driven by those on short term contracts of less than three months including a casual or on-call worker which is reflecting economics uncertainty. It was reflecting faster growth in the resident population and their higher incidence of layoffs. Meanwhile, the unemployment rate of United Kingdom is 7.5%, have a rise of 1.9% in unemployment rate compared to year 2008.United Kingdom has reached its highest level in thirteen