OECD unemployment rate stable at 5.2 % in September 2019

The OECD unemployment rate was stable at 5.2% in September 2019. Across the OECD area, 33.1 million people were unemployed.

In the Euro Area, the unemployment rate was also stable in September, at 7.5 %. The unemployment rate declined by 0.3 percentage point in Luxembourg (to 5.4 %) but increased by 0.3 percentage point in Italy (to 9.9 %) and by 0.2 percentage point in Portugal (to 6.6 %), with changes of 0.1 percentage point or less in other countries.

Most European countries outside the euro area also saw little change in their unemployment rate, but in Denmark it increased by 0.2 percentage point, for the third consecutive month, to 5.3 %.

Notes:

1) Belgium: Due to a methodological break in the Labour Force Survey, data from the 1st quarter of 2017 onwards are not comparable with previous data.

(2) Canada: Unemployment rate for October 2019 was 5.5 %.

(3) United States: Unemployment rate for October 2019 was 3.6 %.

Outside Europe, the unemployment rate was stable in Mexico (at 3.6 %), declined by 0.2 percentage point in Canada (to 5.5 %) and the United States (to 3.5 %, the lowest level since December 1969), but increased by 0.3 percentage point in Korea (to 3.4 %) and by 0.2 percentage point in Japan (to 2.4 %). More recent data show that in October, the unemployment rate increased by 0.1 percentage point in the United States (to 3.6 %), while it was stable in Canada (at 5.5 %).

Table 2: Unemployment Rates by Gender, s.a

Note:

  • Turkey: Due to changes introduced in the Labour Force Survey, data by gender from January 2014 onwards are OECD estimates.

In September, the unemployment rate for youth (people aged 15 to 24) was stable at 11.4 % for the OECD area as a whole but increased by 0.2 percentage point in the euro area (to 15.9 %) and by 1.1 percentage points in Japan (to 4.8 %). However it declined by 0.6 percentage point in the United States (to 8.0%, the lowest level since March 1957).

Notes:

(1) Belgium, Greece and Slovenia: Quarterly data are shown for youth unemployment.

(2) Israel: Data shown in this table are not seasonally adjusted.

Note:

(1) Belgium: Due to a methodological break in the Labour Force Survey, data from the 1st quarter of 2017 onwards are not comparable with previous data.

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