3-September-2014
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Following the onset the global economic and financial crisis, Denmark’s labour market performance has deteriorated significantly both in absolute terms and relative to the OECD average.
3-September-2014
English, PDF, 162kb
Unemployment rose substantially in the Slovak Republic as a result of the crisis and has only declined slowly since reaching a peak of 14.8% of the labour force in early 2010. At 13.3% in August 2014, the unemployment rate remains one of the highest among developed countries and is twice as high as the OECD average.
3-September-2014
English, PDF, 160kb
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).
3-September-2014
English, PDF, 159kb
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.
3-September-2014
English, PDF, 163kb
Belgium’s labour market continues to perform poorly relative to the OECD average. The employment rate of 61.8% (Q1 2014) is well below the OECD average and little changed from its pre-crisis level. Unemployment, at 8.5% in Q2 2014, remains close to peak levels, unlike in most other countries
3-September-2014
English, PDF, 176kb
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%.
3-September-2014
English, PDF, 163kb
After a decade of robust growth, Finland was hit particularly hard by the 2009 economic and financial crisis. It went through a double-dip recession and output and employment are still significantly below their pre-crisis levels.
3-September-2014
English, PDF, 160kb
During the crisis, Sweden’s unemployment rate increased by almost 3 percentage points, but part of this increase has now been reabsorbed. By July 2014, unemployment had fallen to 7.7%, well down from a peak of 8.9% in 2010.
3-September-2014
English, PDF, 163kb
Despite moderate signs of recovery across many OECD countries in 2014, the unemployment rate in Greece remains stuck at close to its highest level since the onset of the economic crisis (27.2% as of May 2014). OECD projections suggest that the expected joblessness rate in Greece will remain high (around 27%) through to the end of 2015.
3-September-2014
English, PDF, 163kb
According to the OECD’s May 2014 projections, Italy’s growth rate will remain sluggish in 2014 to pick up only a little in 2015. As a result, the unemployment rate has increased further to reach 12.6% in July 2014– 2.4 percentage points above the EU average – and only 55.5% of the working-age population was in employment.