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OECD unemployment rate falls to 7.3% in August 2014
Unit labour costs (ULCs) in the OECD area rose by 0.5% in the second quarter of 2014, compared with 0.9% in the previous quarter.
A large and persistent shortfall in the number and quality of the jobs being created in G20 countries is affecting prospects for re-igniting economic growth, according to a report prepared by the ILO, the OECD and the World Bank Group for the G20 Labour and Employment Ministers meeting taking place in Melbourne this week.
OECD unemployment rate nudges up to 7.4% in July 2014
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.
OECD employment rate rises for the fourth consecutive quarter to 65.6% in first quarter of 2014
The UK labour market weathered the recent recession moderately well. After a relatively limited fall, total employment recovered and it recently reached 30 million for the first time, even if a number of the new jobs created are low productivity and low paid.
OECD unemployment rate stable at 7.4% in May 2014
OECD Unit Labour Costs up 0.4% in the first quarter of 2014 as labour productivity falls
Modest decline in OECD unemployment rate in April 2014