Comment by ValentineC

> Doesn't Tokyo have very low unemployment? According to Wikipedia: Japan 2.5%, Singapore 3.2%, USA 4.1%, EU 5.2%.

Singapore's unemployment statistic only counts people who are looking, not people who are retired or have given up [1]:

> A person is considered unemployed if he or she is:

> • not working;

> • actively seeking work; and

> • available for work

I don't know if the other countries follow the same methodology.

[1] https://stats.mom.gov.sg/iMAS_PdfLibrary/mrsd_qtlmr182_Techn...