OECD employment rate at 65.1% in first quarter of 2013, 1.4 percentage points below its pre-crisis level but higher than one year ago
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16/07/2013 - The OECD area employment rate – defined as the share of people of working-age who are employed – was 65.1% in the first quarter of 2013, unchanged from the previous quarter, and 0.2 percentage point higher than one year ago. This was still 1.4 percentage points below the level recorded in the second quarter of 2008, the quarter preceding the start of the global financial crisis.
In the first quarter of 2013, the employment rate was stable in the United States (67.3%), Canada (72.5%) and Germany (73.1%) while it rose in Japan (by 0.3 percentage point to 71.2%). The employment rate fell in Italy (by 0.4 percentage point to 56.1%) for the 4th straight quarter and in the United Kingdom (by 0.2 percentage point to 70.4%).
Among other European Union countries the employment rate fell most in Slovenia (by 0.8 percentage point), Greece (by 0.7 percentage point), for the 14th straight quarter, Luxembourg (by 0.5 percentage point) and Portugal (by 0.4 percentage point), for the 9th straight quarter. The employment rate also continued to fall in Spain but at the slowest rate of decline since the second quarter of 2011.
In the first quarter of 2013, the employment rate was above its pre-crisis level in 10 of the OECD countries, including Chile, Germany, Japan, Korea and Turkey. By contrast, it was more than 3.0 percentage points below its pre-crisis level in 8 of the countries, including Spain and the United States.
The employment rate for men in the first quarter of 2013 was higher than its pre-crisis level in only 6 OECD countries. For the OECD as a whole the employment rate for men (at 73.0%) was 2.7 percentage points below its pre-crisis level. Employment rates for women have been quicker to recover. Female employment rates were higher in 15 OECD countries in the first quarter of 2013 than they were prior to the crisis and, for the OECD as a whole, the employment rate for women (at 57.2%) was only 0.4 percentage point below its pre-crisis level.
Employment as a percentage of
the working-age population
Change in OECD employment rates
Link to underlying data - Source: Quarterly Labour Market Statistics, OECD