OECD unemployment rate stable at 5.8% in August 2017

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1 OECD unemployment rate stable at 5.8% in August 017 The OECD unemployment rate was stable at 5.8% in August 017, unchanged since May. Across the OECD area, 36.1 million people were unemployed, 3.5 million more than in April 008. The unemployment rate remained stable in the euro area in August, at 9.1% for the third consecutive month. The largest declines in the area were observed in Latvia (down 0.3 percentage point, to 8.%) and the Slovak Republic (down 0. percentage point, to 7.5%), while the largest increase was recorded in Austria (up 0. percentage point, to 5.6%). The unemployment rate decreased by 0.1 percentage point in Canada (to 6.%, the third consecutive monthly decline), while it increased by 0. percentage point in Korea (to 3.8%), and by 0.1 percentage point in Mexico (to 3.3%) and the United States (to.%). It remained stable in Japan, at.8%. More recent data for the United States indicate that the unemployment rate decreased by 0. percentage point, to.% in September, while it was stable in Canada. The OECD unemployment rate was stable for both women and men and across age-groups in August. Although the youth (people aged 15 to ) unemployment rate remains at twice the overall unemployment rate, it has decreased more rapidly since the peak in January 013 (down.6 percentage points, to 11.6%, for young women and 5. percentage points, to 1.1%, for young men) than for people aged 5 and above (whose unemployment rate declined by 1.9 percentage points for women, to 5.% and by.1 percentage points for men, to.8%)., s.a. 13 OECD Total United States Euro area Japan 0 January 013 August All Methodological All rates and levels quoted are seasonally adjusted (s.a.). Labour Market Statistics: Country Note: The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law. Contacts: For further information readers are invited to contact the OECD's Media Relations Division on (33) or For technical questions contact Next release: Monday, 13 November 017 1

2 Table 1: OECD Unemployment Rates, s.a. Percentage of active population Q3 Q Q1 Q Mar Apr May Jun Jul Aug OECD - Total Major Seven European Union Euro area Australia Austria Belgium (1) (b) Canada () Chile Czech Republic Denmark Estonia Finland France Germany Greece Hungary Iceland Ireland Israel Italy Japan Korea Latvia Luxembourg Mexico Netherlands New Zealand Norway Poland Portugal Slovak Republic Slovenia Spain Sweden Switzerland Turkey (3) United Kingdom United States () (1) Belgium: Due to a methodological break in the Labour Force Survey, data from the 1st quarter of 017 onwards are not comparable with previous data. () Canada: Unemployment rate for September 017 was 6. %. (3) Turkey: Due to the changes introduced in the Labour Force Survey, data from January 01 onwards are not comparable with previous data. () United States: Unemployment rate for September 017 was. %.

3 Table : Unemployment Rates by Gender, s.a. Percentage of corresponding active population Q1 Q Jun Jul Aug Q1 Q Jun Jul Aug OECD - Total Major Seven European Union Euro area Australia Austria Belgium (1) (b) (b) Canada Chile Czech Republic Denmark Estonia Finland France Germany Greece Hungary Iceland Ireland Israel Italy Japan Korea Latvia Luxembourg Mexico Netherlands New Zealand Norway Poland Portugal Slovak Republic Slovenia Spain Sweden Switzerland Turkey () United Kingdom United States (1) Belgium: Due to a methodological break in the Labour Force Survey, data from the 1st quarter of 017 onwards are not comparable with previous data. data. From this date, data by gender are OECD estimates. 3

4 Table 3: Unemployment Rates by Age, s.a. Percentage of corresponding active population Youth (15-) Prime-age and Older Workers (5+) Q1 Q Jun Jul Aug Q1 Q Jun Jul Aug OECD - Total Major Seven European Union Euro area Australia Austria Belgium (1) (b) (b) Canada Chile Czech Republic Denmark Estonia Finland France Germany Greece Hungary Iceland Ireland Israel Italy Japan Korea Latvia Luxembourg Mexico Netherlands New Zealand Norway Poland Portugal Slovak Republic Slovenia Spain Sweden Switzerland Turkey () United Kingdom United States (1) Belgium: Quarterly data are shown for youth unemployment. Due to a methodological break in the Labour Force Survey, data from the 1st quarter of 017 onwards are not comparable with previous data. data.

5 Table : Unemployment Levels, s.a. Thousands of persons Q Q1 Q May Jun Jul Aug OECD - Total 1,606 39,318 38,563 37,7 36,67 36,501 36,15 36,071 36,18 Major Seven 1,630 0,56 0,19 19,703 19,00 19,06 18,931 19,000 19,05 European Union,879 0,917 0,179 19,610 18,90 18,981 18,76 18,851 18,77 Euro area 17,51 16,33 15,755 15,378 1,858 1,878 1,731 1,793 1,751 Australia Austria Belgium (1) (b) Canada 1,331 1,361 1,3 1,308 1,75 1,89 1,70 1,7 1,7 Chile Czech Republic Denmark Estonia Finland France 3,05,97,939,85,839,83,861,899,91 Germany 1,950 1,77 1,70 1,670 1,63 1,63 1,61 1,589 1,571 Greece 1,197 1,131 1,116 1,079 1,035 1,036 1,0 1,010 Hungary Iceland Ireland Israel Italy 3,033 3,009 3,055 3,006,907,937,883,96,903 Japan,19,080,037 1,907 1,933,050 1,890 1,900 1,860 Korea 976 1, ,037 1, , ,03 Latvia Luxembourg Mexico,306,085 1,971 1,879 1,860 1,886 1,78 1,76 1,77 Netherlands New Zealand Norway Poland 1,30 1, Portugal Slovak Republic Slovenia Spain 5,056,81,5,13 3,93 3,96 3,878 3,88 3,901 Sweden Switzerland Turkey () 3,05 3,330 3,69 3,60 3,507 3,50 3,86 United Kingdom 1,76 1,599 1,556 1,51 1,53 1,57 1,38 United States 8,96 7,751 7,559 7,55 6,965 6,861 6,977 6,981 7,13 Note: (1) Belgium: Due to a methodological break in the Labour Force Survey, data from the 1st quarter of 017 onwards are not comparable with previous data. data. 5

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