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OECD unemployment rate 8.7%

Ireland has the third highest rate of unemployment in the OECD, according to new data published today.

Spain currently has the highest unemployment rate in the 34-country body at 19.1 per cent, followed by Slovakia at 14.1 per cent, Ireland at 13.2 per cent and Hungary at 11 per cent.

The lowest unemployment rates in the OECD during March were recorded in Korea, the Netherlands, Mexico and Austria.

According to the latest figures, the number of unemployed people in the OECD stood at 46.1 million in March, a rise of 3.9 million on the same month a year earlier.

The unemployment rate for the OECD area was broadly stable in March at 8.7 per cent, just 0.1 per cent higher than in February.

The Irish Times

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May
24
Today’s Global
Market Events
8:30am

CAD
Corporate Profits q/q
9.0%
USD
Core Durable Goods Orders m/m
1.1% vs. -0.8%
USD
Unemployment Claims
372K vs. 370K
USD
Durable Goods Orders m/m
0.5% vs. -4.0%
9:00am

EUR
ECB President Draghi Speaks
EUR
Belgium NBB Business Climate
-10.6 vs. -10.7
10:30am

USD
FOMC Member Dudley Speaks
USD
Natural Gas Storage
77B vs. 61B
1:00pm

USD
FOMC Member Dudley Speaks
3:00pm

USD
Treasury Sec Geithner Speaks
7:30pm

JPY
Tokyo Core CPI y/y
-0.5% vs. -0.5%
JPY
National Core CPI y/y
0.1% vs. 0.2%