Is there any country whose unemployment rate is zero or very close to zero?

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1206275

2026-07-31 21:30

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No country is able to curb the unemployment rate close to zero in the system of market-oriented economy. Take developed countries for example. With the advancement of various kinds of industries, developed countries have to send such outdated industries into developing countries, and some workers will find they aren't able to be qualified for more demanding jobs. Besides, nowadays some work can be done by robots or other kinds of instruments. While for the developing countries, poverty, lack of education and poor macro regulation will all raise the unemployment rate. To sum up, I believe that unemployment rate of a country is a dynamic equilibrium, sometimes it may go up while other times it may go down, but I believe no country's government can curb the unemployment rate close to zero.

According to Wikipedia Andorra enjoys a 0.0% unemployment rate and the highest being Zimbabwe with 95%

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