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News Release
The global economy is recovering but youth unemployment is getting worse. Young people are more than twice as likely to be unemployed as the average worker, yet few governments are taking proactive steps to boost youth employment.
In October 2010, the OECD area unemployment rate was 8.6%, up 0.1 percentage point from September.
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In September 2010, the OECD area unemployment rate was 8.5%, unchanged from August and broadly stable since June 2010.
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In August 2010, unemployment in the OECD area fell slightly to 8.5% (from 8.6% in July). The unemployment rate has returned to August 2009 levels and unemployment now appears stable across OECD countries.
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14-September-2010
English
In July 2010, the unemployment rate for the OECD area was steady at 8.5%, unchanged from the previous month and down slightly from the 8.6% level recorded in May.
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The unemployment rate for the OECD area fell slightly to 8.6% in May 2010 from 8.7% in April.
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The unemployment rate for the OECD area was steady in April 2010 at 8.7%, unchanged from March. The general picture is of broad stability across OECD countries.
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Unit labour costs (ULCs) in the OECD area fell by 0.9% in the fourth quarter of 2009, the third quarter in a row.
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The unemployment rate for the OECD area was broadly stable in March 2010 at 8.7%; a rise of 0.1 percentage point compared with February.
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The unemployment rate for the OECD area was broadly stable in February 2010 compared with January. The headline rate fell 0.1 percentage point but this reflected the partial unwinding of effects that led to a temporary increase in Korea's January rate.
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