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Saturday, October 22, 2011

Immigrate to Canada, one of the "most successful" economies in the G20. MSN


Greece may steal all of Europe's economic woe headlines, but all is not right on the other side of the continent. According to the latest figures, unemployment in the United Kingdom has jumped to its highest level since 1994, and more than one in five 16-to-24-year-olds can't find a job for the life of them.
Of course, the numbers sound daunting — 2.57 million Brits are without work, by numbers from the Office for National Statistics — and an 8.1 per cent unemployment rate is nothing to sneeze at. Perhaps, then, the U.K. can learn a few lessons from these countries. With the latest data from the International Labour Organization, MSN presents the ten G20 nations with the lowest unemployment.

Unemployment rate: 6.6 per cent (September 2011) CANADA
Surely, where employment is concerned, Canada has responded to the economic crisis better than many other nations. Though it hasn't returned to its pre-recession (2008) unemployment rate of 6.1 per cent just yet, Canada has been closing the gap. By the ILO's figures, our unemployment rate is down 1.6 per cent since its downturn peak in March of 2011, prompting Ernst to call Canada one of the "most successful" economies in the G20.

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