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3-September-2014

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OECD Employment Outlook 2014 - Key findings for Finland

After a decade of robust growth, Finland was hit particularly hard by the 2009 economic and financial crisis. It went through a double-dip recession and output and employment are still significantly below their pre-crisis levels.

3-September-2014

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OECD Employment Outlook 2014 - Key findings for Sweden

During the crisis, Sweden’s unemployment rate increased by almost 3 percentage points, but part of this increase has now been reabsorbed. By July 2014, unemployment had fallen to 7.7%, well down from a peak of 8.9% in 2010.

3-September-2014

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OECD Employment Outlook 2014 - Key findings for Greece

Despite moderate signs of recovery across many OECD countries in 2014, the unemployment rate in Greece remains stuck at close to its highest level since the onset of the economic crisis (27.2% as of May 2014). OECD projections suggest that the expected joblessness rate in Greece will remain high (around 27%) through to the end of 2015.

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3-September-2014

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OECD Employment Outlook 2014: Key findings for Italy

According to the OECD’s May 2014 projections, Italy’s growth rate will remain sluggish in 2014 to pick up only a little in 2015. As a result, the unemployment rate has increased further to reach 12.6% in July 2014– 2.4 percentage points above the EU average – and only 55.5% of the working-age population was in employment.

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3-September-2014

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OECD Employment Outlook 2014 - Key findings for Austria

At 5%, Austria’s unemployment rate is high in a historical perspective though still lower than in most OECD countries. The same is true for the youth unemployment rate, which at 10% is twice the level of the rate for the total labour force. While the employment rate in 2014 is above the rate before and during the crisis, the reversal in the increase in unemployment is yet to come.

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3-September-2014

English

Jobs recovery to remain weak in 2015, says OECD

Unemployment will remain well above its pre-crisis levels next year in most OECD countries, despite modest declines over the rest of 2014 and in 2015, according to a new OECD report.

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3-September-2014

English, PDF, 163kb

OECD Employment Outlook 2014 - Key findings for Japan

Japan’s unemployment rate in the second quarter of 2014 was 3.6%, just below its pre-crisis level of 3.8% in the fourth quarter of 2007 and one of the lowest among OECD countries.

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3-September-2014

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OECD Employment Outlook 2014 - Key findings for the United Kingdom

In the recession, the UK unemployment rate increased by 3 percentage points, but since 2012 – in common with the United States but in contrast with the Euro area – it has fallen back to near pre-crisis levels. The employment rate is now higher than the pre-recession level at around 73%, although this is exceeded by Germany among the G7 countries.

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3-September-2014

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OECD Employment Outlook 2014 - Key findings for Turkey

The OECD Employment Outlook 2014 finds that while the impact of the global crisis was initially severe for Turkey, it was shorter than in the rest of the OECD area and there was a much sharper rebound. The unemployment rate was 9.1% in the first quarter of 2014 in Turkey, still above the OECD average (7.3%), but lower than in the pre-crisis period (9.4% in Q4 2007).

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3-September-2014

English, PDF, 168kb

OECD Employment Outlook 2014 - Key findings for Germany

In Germany, employment continues to grow and the employment rate is now among the highest in the OECD (73.4% in the first quarter of 2014). Consequently, unemployment has fallen to 5.1% (ILO definition) in in the second quarter of 2014– well below the OECD average of 7.4% and less than half of the Euro area’s average at 11.6%.

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