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Progress has been made in narrowing the gender gap in pay, especially in employment, over the past decade but much remains to be done in many countries. Women pay a high price for motherhood, with steep childcare costs and taxes deterring many from working more, according to a new OECD report.
Australia’s labour market reforms over the past 15 years have boosted employment and cut welfare benefit dependency.
The OECD unemployment rate rose by 0.1 percentage point to 8.0% in October 2012 compared to the previous month.
The OECD unemployment rate was 7.9% in September 2012, broadly the same rate observed since January 2011.
The OECD area employment rate was 65.0% in the second quarter of 2012. This figure is 0.1 percentage point higher than in the previous quarter and 0.2 percentage point higher than one year ago.
The OECD unemployment rate was at 7.9% in August 2012, broadly the same rate observed since January 2011.
Unit labour costs (ULCs) in the OECD area rose by 0.3% in the second quarter of 2012, driven by continued increases in labour compensation per unit of labour input.
The OECD unemployment rate increased slightly to 8.0% in July 2012 compared with 7.9% in the previous month.
The OECD area employment rate - defined as the proportion of people of working age (those aged 15 to 64) who are employed - was 64.9% in the first quarter of 2012.
Employment: OECD sees high jobless rates continuing - more must be done urgently to boost job creation and help jobseekers