In April this year, the unemployment rate of the 34 Organisation for Economic Co-operation and Development (OECD) member countries was stable at eight percent, unchanged compared to the previous month, according to new figures published by the OECD.
In April, the unemployment rate for the euro area hit a new record high rising 0.1 percentage point to 12.2 percent. In April, the unemployment rate in the US decreased by 0.1 percentage points month on month to 7.5 percent, while was stable at 7.2 percent in Canada and at 4.1 percent in Japan. The OECD said that more recent data referring to the month of May show that the unemployment rate increased by 0.1 points in the United States to 7.6 percent, while it fell in Canada by 0.1 percentage points to 7.1 percent.