OECD unemployment rate falls to 8.5% in August
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In August 2010, unemployment in the OECD area fell slightly to 8.5% (from 8.6% in July). The unemployment rate has returned to August 2009 levels and unemployment now appears stable across OECD countries. Further evidence is seen in the latest September 2010 unemployment rates for the United States, where the rate was unchanged from its August level, at 9.6%, and in Canada, where it was down 0.1 percentage point at 8.0%.
Selected Unemployment Rates, s.a.
July 2010 - August 2010 (1)
(1) United Kingdom: May 2010 - June 2010
Link to underlying data - Source: Labour Force Statistics (Main Economic Iindicators)
The next publication of the OECD's harmonised unemployment rates will be on 9 November 2010.