Economic news

Jobless in developed countries falls to a lowest level since 2008

The unemployment rate in the OECD countries in January 2017 dropped by 0.1 percentage points to 6.1% - the lowest level since 2008.

In the OECD countries there were 38.3 million unemployed, about 5.7 million more than in pre-crisis April 2008.

In the euro area unemployment in January remained at the December level of 9.6%. In the U.S. unemployment rose from 4.7% to 4.8%, in Japan the figure dropped to 3% from 3.1% in December.

Unemployment among young people (people aged 15 to 24 years inclusive) in the OECD countries in January fell from 12.6% to 12.5%.

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