• Unemployment rate in the OECD area remains unchanged at 6.4% in April

Market news

10 June 2016

Unemployment rate in the OECD area remains unchanged at 6.4% in April

The Organization for Economic Cooperation and Development (OECD) released its unemployment rate figures on Thursday. The OECD unemployment rate remained unchanged at 6.4% in April.

The unemployment rate in Eurozone remained unchanged at 10.2% in April.

The U.S. unemployment rate remained unchanged at 5.0% in April.

39.4 million people were unemployed in the OECD area in April.

The youth unemployment fell to 13.0% in April from 13.1 in March. The highest youth unemployment was in Spain with 45.0%, followed by Italy with 36.9% and Portugal with 29.9%.

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