• OECD unemployment rate declined marginally in October

Market news

12 December 2016

OECD unemployment rate declined marginally in October

The unemployment rate dropped to 6.2 percent in October from 6.3 percent in September. This was 1.9 percentage points below the January 2013 peak. The Organization for Economic Co-operation and Development said the unemployment rate declined marginally in October.

Across the OECD area, unemployment declined by 10.2 million from January 2013 to 38.8 million.

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