With a population of 315 million, EMSI found, the U.S. has only 138 million jobs available, which translates to 43.8 percent of the total population. Meanwhile, Canada has 15.6 million jobs for its 33 million people (47.3 percent of the population), and the UK has 27 million jobs for a population of 61 million (44.3 percent).
When looking at unemployment rates, however, the U.S., at 7.6 percent as of the first quarter of 2013, is slightly lower than the UK, with a rate of 7.7 percent, but higher than Canada, whose unemployment rate is 7.2 percent. When looking at year-over-year job change, however, all three countries – while experiencing various highs and lows from 2003 to 2012 – seem to have reached a point of economic stability.
Forget what you think you know about HR... it's all about to change.
Sign up to start getting exclusive content designed to empower you with the insight necessary to go from HR professional to strategic business partner.