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Statistics: Unemployment rate stable at 8.8% in December 2009

08-Feb-2010

The unemployment rate for the OECD area was 8.8% in December 2009, unchanged from the previous month but up by 1.8 percentage points from a year earlier.

Statistics: Composite leading indicators give stronger signals of an expansion in economic activity

05-Feb-2010

OECD composite leading indicators (CLIs) for December 2009 provide stronger signals of an expansionary economic outlook than last month.

China - Economic Survey: Strong growth but increased social spending needed

02-Feb-2010

With the help of massive government stimulus action, China is now leading the world economy out of recession, according to a new OECD report. Already the world’s second largest economy, China could well overtake the United States to become the leading producer of manufactured goods in the next five to seven years, it says.

Statistics: Consumer Prices in OECD area rise by 1.9% in year to December 2009

02-Feb-2010

Consumer prices in the OECD area rose by 1.9% in the year to December 2009, compared with a rise of 1.3% in November 2009.

Chile - Economic Survey: Securing growth and tackling inequality remain key challenge

27-Jan-2010

Chile, now on the path to becoming the OECD’s newest member, is emerging from recession relatively fast on the back of government stimulus measures and a rebound in copper export prices, says the latest Economic Survey of Chile.

Statistics: Rising trade flows confirmed in third quarter 2009

27-Jan-2010

Merchandise trade volumes of the Group of seven (G7) countries grew in third quarter of 2009 after stabilising in the second but still were significantly below the levels of 2008.

US: Obama plan for banks can help to avoid a new financial crisis

25-Jan-2010

U.S. President Barack Obama’s plans for financial reform could help to avoid a new financial crisis by resolving some major risks inherent to the current financial system, according to OECD Secretary-General Angel Gurría.

Israel: Reforming education and raising employment key to Israel’s long-term economic growth

20-Jan-2010

Israel’s economy has shown resilience during the global recession, but more active education and employment policies  – particularly targeted at minority groups – are needed to bolster its economic performance and bridge deep divisions within its society, according to the OECD.
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