OECD unemployment rate falls to 8.7% in January, driven by US and Japan
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08/03/2010 - The unemployment rate for the OECD area fell slightly to 8.7% in January 2010, reflecting drops of 0.3 percentage point in the United States and Japan. However, the latest figures for the United States show that the unemployment rate remained unchanged at 9.7% in February. Rates in the Euro area stabilized in January at 9.9% and in many countries, notably France and Italy, rates continued their recent upward trend.
(1) United Kingdom: October-09-November-09
Link to underlying data - Source: Labour Force Statistics (Main Economic Iindicators)
The next publication of the OECD's harmonised unemployment rates will be on 13 April 2010.
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OECD Main Economic Indicators (MEI)