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The South African labour market continues to perform poorly compared to OECD and other G20 countries, and the global financial crisis appears to have worsened the situation.
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The unemployment rate in Brazil continues its downward trend, despite a slowdown in GDP growth. At 4.9% (for urban areas), Brazil’s unemployment rate is considerably below the OECD average of 7.4%.
English, PDF, 164kb
New Zealand was hit hard by the crisis but the economy has gained momentum and the labour market is improving. The employment rate has risen steadily in the past two years and has reached its historical pre-crisis high. Consequently, unemployment has fallen.
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India’s economic growth has slowed since 2010 in the aftermath of the global crisis, but growth is expected to pick up according to the May 2014 projections of the OECD Economic Outlook. The unemployment rate was 3.6% in 2012 in India, lower than in 2006 (4.4%) before the onset of the global financial crisis.
Français, PDF, 168kb
Le Canada a été moins durement touché par la récession mondiale de 2008-2009 que la plupart des autres pays et son économie a fortement rebondi depuis. Le taux d’emploi des travailleurs de 15 à 64 ans s’élevait à 72.2 % au deuxième trimestre 2014, soit 1.4 point de pourcentage de moins qu’au début de la crise financière mondiale, alors que cet écart s’élevait à 2.5 points de pourcentage au plus fort de la crise.
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.
Le taux de chômage de la zone OCDE en légère hausse à 7.4% en juillet 2014
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Hungary was hit harder by the global crisis than most OECD countries. Unemployment reached record levels at the peak of the crisis but has since recovered to its pre-crisis level around the current OECD average of 8%.
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Poland’s employment rate at 61% (Q2 2014) remains well below the OECD average but, in contrast to many other countries, it has increased slowly since the onset of the economic crisis (from 57.9% in Q1 2007).
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By July 2014, unemployment (OECD standardised definition) in the Netherlands had fallen to 6.7%, 0.6 percentage points lower than its peak in February of this year, but still 3.4 percentage points higher than at the start of the crisis.