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The rate has hovered at this level since January 2011. However, stability at the aggregate level masks different national situations.
Unit labour costs (ULCs) in the OECD area fell 0.3% in the third quarter of 2011, according to early estimates.
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.
По мнению ОЭСР Российской Федерации, необходимо стимулировать процесс модернизации экономики для обеспечения долгосрочного развития страны и решения проблем, связанных с неравномерным распределением доходов.
The Russian Federation must further modernise its economy to meet long-term development and income inequality challenges, according to the OECD. A combination of sound macroeconomic management, improved business climate, effective social policies and greater energy efficiency is required.
The gap between rich and poor in OECD countries has reached its highest level for over over 30 years, and governments must act quickly to tackle inequality, according to a new OECD report.
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.
"200 million people are out of work worldwide, close to the peak recorded at the depth of the Great Recession" warn OECD and ILO at the G20 Labour and Employment Ministers meet in Paris.
Unit labour costs for OECD area continue to rise in the second quarter of 2011