In the table below, we show the 5 countries where unemployment is lowest and highest. This 2020 data is sourced from the International Labour Organization, and is one of the 31 datapoints we track for every Sovereign in our ESG database.

It might surprise you that the lowest levels of unemployment occur in emerging markets. But it is a common misperception that, at a sovereign level, ESG ratings correlate strongly with GDP or credit ratings.