Ahmad 
Russia recorded the lowest unemployment rate among G20 countries in June, at 2.4%, according to an analysis by “Sputnik” News Agency.
This achievement comes despite Western sanctions imposed on Moscow, reflecting the resilience of the Russian labor market in the face of economic challenges.
In the same month, Japan achieved the second lowest unemployment rate at 2.5%, recording a slight decrease from May, which recorded 2.6%, while Mexico witnessed a slight increase in unemployment from 2.6% to 2.8% between May and June, while unemployment rates in South Korea remained stable at 2.8%.
Despite the improvement witnessed by some countries, most G20 economies were unable to reduce unemployment rates below 3%, although they remained stable or decreased in some cases.
In Spain, the unemployment rate fell from 12.29% in the first quarter of this year to 11.27% in the second quarter, which is one of the best improvements in the labor market among the group’s countries.
On the other hand, some major countries saw increases in unemployment rates in June compared to May, with the rate rising by 0.1 percentage points in the United States (4.1%), Germany (6%), Italy (7%), and Australia (4.1%).
Canada recorded an increase from 6.2% to 6.4%, and Mexico saw a similar increase. India saw the largest increase, with unemployment rising from 7% to 9.2% over the same period.
South Africa remains the G20 country with the highest unemployment rate, at less than 30% for the fourth year in a row, reflecting the significant challenges facing the country’s labor market.
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