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The rate has hovered at this level since January 2011. However, stability at the aggregate level masks different national situations.
Young people and their job prospects must be right at the centre of the policy agendas of our member and partner countries. Investing in youths is vital, we can neither accept nor afford a lost generation, said OECD Secretary-General.
The OECD area unemployment rate rose slightly, to 8.3% in October 2011, compared to 8.2% in September. The rate has hovered around this level since January 2011.
The OECD area unemployment rate, at 8.2% in September 2011, was unchanged from August. The rate has remained at around 8.2% since January 2011.
The OECD area unemployment rate was steady at 8.2% in August 2011, unchanged from July. The rate has been stable at around 8.2% since January 2011.
Urgent action must be taken by the governments to tackle high unemployment and growing inequality. Good-quality social policies, particularly those addressed to the most vulnerable, should be seen as sound investments to promote economic growth and well-being, according to Angel Gurría.
The OECD area unemployment rate was steady at 8.2% in July 2011, unchanged for the fifth consecutive month.
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This report was prepared to help Korea identify and address main social policy challenges. It suggests specific policy options and a strategy to “go social”, based on the practices and reforms that have worked well in other countries.