OECD unemployment rate steady at 8.5% in September
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In September 2010, the OECD area unemployment rate was 8.5%, unchanged from August and broadly stable since June 2010. New October 2010 unemployment rates for the United States (unchanged at 9.6%), and Canada (down slightly by 0.1 percentage point to 7.9%), confirm this overall stability.
Diverging trends are evident at the national level. Germany's September 6.7% unemployment rate has been declining steadily, and is lower than the 8.4% rate reported in 2007. Unemployment rates in Korea (3.7%), the Netherlands (4.4%) and Austria (4.5%) remain comparatively low, while Spain (20.8%) the Slovak Republic (14.7%) and Ireland (14.1%) are still experiencing high and rising unemployment rates.
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.
August 2010 - September 2010 (1)
(1) United Kingdom: June 2010 - July 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 7 December 2010.