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The OECD unemployment rate was at 7.9% in August 2012, broadly the same rate observed since January 2011.
Unit labour costs (ULCs) in the OECD area rose by 0.3% in the second quarter of 2012, driven by continued increases in labour compensation per unit of labour input.
The OECD unemployment rate increased slightly to 8.0% in July 2012 compared with 7.9% in the previous month.
The OECD area employment rate - defined as the proportion of people of working age (those aged 15 to 64) who are employed - was 64.9% in the first quarter of 2012.
The OECD area unemployment rate was unchanged at 7.9% in May 2012 compared with the previous month. While the rate has hovered around this level since January 2011, it remains 2.1 percentage points higher than the level recorded four years earlier.
Unit labour costs (ULCs) in the OECD area rose by 0.3 % in the first quarter of 2012, the same rate as in the previous quarter, according to early estimates. This reflects increased labour compensation per unit of labour input and unchanged labour productivity.
The OECD area unemployment rate was unchanged at 7.9% in April 2012, around the same rate observed since January 2011, but 2.3 percentage points higher than the level recorded four years earlier. Differences in unemployment rates across OECD countries remain large.
The OECD area unemployment rate was stable at 8.2% in March 2012, the same level recorded since February 2011. This flatness is largely the result of increasing rates in some euro area countries being offset by declines in North America.
The OECD area employment rate was 64.9% in the fourth quarter of 2011, according to new quarterly labour market statistics from the OECD.
The euro area unemployment rate rose by 0.1 percentage point (for the eighth consecutive month) to 10.8% in February, maintaining a record high since the start of the global financial crisis.