Tuesday, November 30, 2021

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OECD unemployment rate fell to 6.5% in March

OECD unemployment rate fell to 6.5% in March

Brussels, May 11 (Prensa Latina) The unemployment rate in the Organization for Economic Co-operation and Development (OECD) countries declined to 6.5% in March, as the global economic outlook improved amid the vaccination drive.
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Highest unemployment rates were observed in Greece, with 15.8% through December 2020, followed by Spain (15.3%) and Turkey (12.2%).

The unemployment rate also fell in most outside Europe in March, dropping to 7.5% in Canada, 12.8% in Colombia, 2.6% in Japan, 5.6% in Australia and 6% in the US.

Overall, 42.65 million people remained unemployed in the OECD, which means an improved 1.1 million compared to the previous month.

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