Growth in Unit labour costs (ULCs) in the OECD area accelerated to 0.6% in the fourth quarter of 2012, compared to 0.2% in the third quarter. Overall, growth in labour compensation per unit of labour input slowed marginally (to 0.3% compared to 0.4% in the third quarter). But this was more than offset by a significant slowdown in labour productivity (minus 0.3% compared to plus 0.2% in the previous quarter).
The OECD unemployment rate increased to 8.1% in January 2013, compared with 8.0% in the previous month.
The OECD unemployment rate was stable at 8.0% in December 2012, unchanged from the previous month.
The OECD unemployment rate was stable at 8.0% in November 2012, unchanged from the previous month.