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    10.03.2016 09:10 Unemployment rate in the OECD area declines to 6.5% in January

    The Organization for Economic Cooperation and Development (OECD) released its unemployment rate figures on Wednesday. The OECD unemployment rate declined to 6.5% in January from 6.6% in December.


    The unemployment rate in Eurozone was down by 0.1% to 10.3% in January.


    The U.S. unemployment rate fell by 0.1% to 4.9% in January.


    39.9 million people were unemployed in the OECD area in January.


    The youth unemployment fell to 13.3% in January from 13.6 in December. The highest youth unemployment was in Spain with 45.0%, followed by Italy with 39.3% and Portugal with 29.9%.

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