Worldwide Unemployment Rates

On Friday August 11th the OECD published the Unemployment rates of its member countries. They call it the “Harmonised Unemployment Rate” meaning that they may adjust the rate depending on how the individual countries calculate it so they are comparable.

How U.S. Unemployment Rates Compare to other OECD Countries

Unemployment rates in the U.S. in January were 8.3% See: Unemployment Rate Chart Which is very similar to the average Unemployment rate in other OECD countries. The OECD area average unemployment rate was 8.2% in January 2012, having remained basically unchanged throughout 2011. The Euro area was significantly higher at 10.7% reaching a record high […]

OECD Unemployment Rate Hovering at 8.2% in July

The Organisation for Economic Co-operation and Development (OECD) released its report on unemployment in OECD countries today. The unemployment rate for the entire OECD area was  unchanged for the fifth consecutive month at 8.2% in July 2011. The Euro area unemployment rate was unchanged at 10.0% for the second consecutive month and has hovered around this level since December 2010. Between June and […]

OECD unemployment rate stable at 8.1% in May

The OECD area unemployment rate was steady at 8.1% in May, unchanged for the third consecutive month. The Euro area unemployment rate was also stable at 9.9% for the third consecutive month. Most OECD countries confirm the general pattern of steady or falling unemployment rates although Austria, Belgium, Denmark, Italy, Luxembourg, Spain, Sweden and the United States […]

OECD unemployment rate remains at 8.2% in March

The OECD area unemployment rate, at 8.2% in March 2011, was unchanged from February following three consecutive monthly decreases. The Euro area unemployment rate was also stable at 9.9%. For the first time since the start of the financial crisis in 2007, unemployment rates are showing a steady or declining pattern in most OECD countries. […]

Unemployment Rate in OECD Countries Falls in February

OECD unemployment rate records fourth consecutive fall at 8.2% in February The OECD area unemployment rate fell again in February 2011 to 8.2%, down 0.1 percentage point from January. This was the fourth consecutive decrease, following a period of stability of around 8.5% throughout most of 2010. New March 2011 data show further declines of […]