- Employment rate in the OECD area rises by 0.2% in the fourth quarter
Market news
20 April 2016
Employment rate in the OECD area rises by 0.2% in the fourth quarter
The Organization for Economic Co-operation and Development (OECD) released its employment rate for the fourth quarter on Tuesday. The employment rate in the OECD rose by 0.2% to 66.5% in the fourth quarter of 2015. It was slightly below pre-crisis peak of the first quarter of 2008.
The employment rate in the Eurozone was up 0.1% to 64.7% in the fourth quarter, the employment rate in the United Kingdom rose by 0.5% to 73.2%, while the rate in the United States climbed 0.2% to 68.9%.
Greece's employment rate climbed by 1.7% to 51.4% in the fourth quarter, while the employment rate in Germany increased by 0.1% to 74.1%.
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