Top Nations Ravaged By Unemployment

#5. Croatia

Jobless Rate: 19.6 Percent

Slotted at fifth position is the country that joined the European Union on 1st July 2013, Croatia. Though, the economy of this country is struggling to overcome the aftereffects of the global financial crisis, the natives of the nation still seems to enjoy a higher per capita income and higher monthly wage compared to some of the membering states of the European Union.

#4. Nigeria

Jobless Rate: 23.9 Percent

Mismanagement has plagued this African nation since ages. Yes, most experts believe that the fortunes within the country may lead to a major change and the nation may be on the positive path of growth in the near future, but the politicians of the country are yet to come up with effective strategies to counter the high unemployment affecting its people.

#3. South Africa

Jobless Rate: 25.2 Percent

South Africa, the largest economy on the African continent, is the next entry in the list. Unlike rising redundancy or joblessness in Eurozone, the situation is not alien to this African nation; the country is battling high unemployment rates since the late 1990’s.

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