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OECD Unemployment Rate Stable at 8.8% in November 2009
added: 2010-01-13

The unemployment rate for the OECD area was 8.8% in November 2009, the same as the previous month and 2.1 percentage points higher than a year earlier.

In the Euro area, the unemployment rate was 10.0% in November 2009, 0.1 percentage point higher than the previous month and 2.0 percentage points higher than in November 2008. For the United States, the unemployment rate for December 2009 was 10.0%, the same as the previous month and 2.6 percentage points higher than a year earlier. For Japan, the rate was 5.2% in November 2009, 0.1 percentage point higher than the previous month and 1.2 percentage points higher than in November 2008.

In November 2009, the unemployment rate for France was 10.0%, 0.1 percentage point higher than the previous month and 1.7 percentage points higher than a year earlier. For Germany, the rate was 7.6% in November 2009, the same as the previous month and 0.5 percentage point higher than in November 2008. For Canada, the unemployment rate was 8.5% in December 2009, the same as the previous month and 1.9 percentage points higher than a year earlier. In September 2009, the rate in the United Kingdom was 7.9%, 0.1 percentage point higher than the previous month and 1.9 percentage points higher than in September 2008. In November 2009, the unemployment rate for Italy was 8.3%, 0.1 percentage point higher than the previous month and 1.2 percentage points higher than a year earlier.

It should be noted that the latest December data in this release for the United States (10.0%) and Canada (8.5%) also show a stable unemployment rate.


Source: OECD

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