Latest Unemployment Rates in OECD Countries

The unemployment rate for the OECD countries was 8.6% in August 2009, as per data released by the OECD on Monday.

oecd-unemployment

The unemployment rates were:

Euro Area = 9.6% in August, 2009

Japan = 5.5% in August, 2009

France= 9.9% in August, 2009

Germany= 7.7% in August, 2009

UK= 7.8% in June, 2009

USA = 9.8% in September, 2009

Canada= 8.4% in September, 2009

France has the highest unemployment rate in the OECD area with US coming second. Japan has the lowest rate at 5.5%. Despite the global financial crisis, Japan keeps most people employed. Germany and UK are also lower than the US rate.

More on this topic (What's this?)
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Read more on Unemployment (U.S.), Investing in Japan at Wikinvest

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