The Organization for Economic Cooperation and Development (OECD) released its unemployment rate figures on Wednesday. The OECD unemployment rate remained unchanged at 6.8% in July.

The unemployment rate in Eurozone was down by 0.2% to 10.9% in July. The highest unemployment rate was recorded in Spain with 22.2%.

The U.S. unemployment rate fell by 0.2% to 5.1% in August from 5.3 in July.

41.6 million people were unemployed in the OECD area in July.

The youth unemployment fell to 14.0% in July from 14.3 in June. The highest youth unemployment was in Spain with 48.6%, followed by Italy with 40.5% and Portugal with 31%.