Unemployment Rate Netherlands vs Rwanda
Unemployment rate is an important measure of human wellbeing. It shows us the percentage of a country not receiving income and therefore not living an adequate life. Unemployment reduces happiness. Plenty of evidence shows that being unable to find a job is strongly and negatively correlated with a range of wellbeing measures. It is a quantitative measure as it is not subjective but objective; it is counted and measured.
In Netherlands’s statistics (5.4%) there is a peak in 2005 and one in 2013 but it is relatively stable. In Rwanda’s statistic (13.2%) which is over double the rate than in Netherlands. In the Rwanda graph, there is a sudden increase in 2013, leaving Rwanda' unemployment Rate to be very high, and dramatically contrasting to the trends of the Netherlands graph. The reason for the difference is due to the lack of knowledge that would give young people an advantage to find employment. In addition, the inadequate land, the high population and the strict laws in the country, also contribute to the high unemployment rates in Rwanda. The percentage of unemployed in Netherlands is due to the fact that the prices of the house are declining leading to larger house debts. and therefore causing the rates of unemployment.
These are the factors contributing to the difference in the rates and causing the level of human wellbeing to lower in both countries, especially in Rwanda.
Unemployment rate is an important measure of human wellbeing. It shows us the percentage of a country not receiving income and therefore not living an adequate life. Unemployment reduces happiness. Plenty of evidence shows that being unable to find a job is strongly and negatively correlated with a range of wellbeing measures. It is a quantitative measure as it is not subjective but objective; it is counted and measured.
In Netherlands’s statistics (5.4%) there is a peak in 2005 and one in 2013 but it is relatively stable. In Rwanda’s statistic (13.2%) which is over double the rate than in Netherlands. In the Rwanda graph, there is a sudden increase in 2013, leaving Rwanda' unemployment Rate to be very high, and dramatically contrasting to the trends of the Netherlands graph. The reason for the difference is due to the lack of knowledge that would give young people an advantage to find employment. In addition, the inadequate land, the high population and the strict laws in the country, also contribute to the high unemployment rates in Rwanda. The percentage of unemployed in Netherlands is due to the fact that the prices of the house are declining leading to larger house debts. and therefore causing the rates of unemployment.
These are the factors contributing to the difference in the rates and causing the level of human wellbeing to lower in both countries, especially in Rwanda.
These graphs are the ones in the 'Rwanda Unemployment Rate' and 'Netherlands Unemployment Rate'pages.
Go back to those pages for a closer look.
Go back to those pages for a closer look.