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The OECD area unemployment rate fell again in February 2011 to 8.2%, down 0.1 percentage point from January.
In January 2011 the OECD area unemployment rate was 8.4%, down 0.1 percentage point from December.
In December 2010 the OECD area unemployment rate was 8.5%, down 0.1 percentage point from November.
In November 2010, the OECD area unemployment rate was 8.6%, unchanged from October.
Unit labour costs grow slowly in most OECD countries during third quarter
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.
In September 2010, the OECD area unemployment rate was 8.5%, unchanged from August and broadly stable since June 2010.
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.
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.