Unemployment rate in the OECD falls slightly in April and stands at 5.2% – The Economic Journal


Of note in the eurozone, the Organization for Economic Cooperation and Development (OECD) reported a drop of two decimals to 13.8% in the euro zone, and Lithuania, also falling by two tenths, to 5, 8%.

In Portugal, unemployment stood at 6.7%, two tenths more than in the previous month.

According to the OECD, in April, unemployment in the United States also fell by two-tenths to 3.6%, while in Canada it dropped one-tenth to 5.7%.

On the other hand, in Japan, unemployment fell by one decimal point to 2.4% and remained stable at 3.5% in Mexico.

The youth unemployment rate, in turn, remained stable at 11.1% in the euro area, with 8 million unemployed.

The largest decreases (up to one percentage point) were recorded in Spain, Ireland and Latvia, while Italy (31.4%), Spain (32.7%) and Greece (40.4%, March) higher.



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