News Markets Media

USA | Europe | Asia | World| Stocks | Commodities

Home News World OECD Unemployment Rate Stable at 8.1% in May


OECD Unemployment Rate Stable at 8.1% in May
added: 2011-07-13

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.

Selected Unemployment Rates, s.a.
April 2011 - May 2011 (1)
 OECD Unemployment Rate Stable at 8.1% in May
(1) United Kingdom: February 2011 - March 2011.


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 recorded small increases in their May unemployment rates. New June 2011 data for the United States show a further rise of 0.1 percentage point to 9.2%.

Countries experiencing continuously high unemployment rates include Ireland (14.0%), Portugal (12.4%), the Slovak Republic (13.3%) and Spain (20.9%).

There were 44.0 million unemployed persons in OECD countries in May 2011, down 2.8 million from May 2010 but still 12.0 million higher than in May 2008.


Source: OECD

Privacy policy . Copyright . Contact .