OECD unemployment rate down in April

Number of unemployed people at 34M in OECD region

The unemployment rate in the OECD region decreased slightly to 5% in April, from 5.1% in March, the bloc announced on Thursday.

“This continues a positive trend for the OECD, which has now recorded 12 months of falling unemployment,” it said in a statement.

The number of unemployed workers in the OECD region decreased by 500,000 to 34 million over the same period.

While the decrease was recorded for women, it stood at the same level for men with 4.9%.

The unemployment rate was stable at 6.8% in the eurozone for the third month in a row.

“Outside the euro area, the unemployment rate fell markedly in Colombia, and more modestly in Australia, Canada, Denmark, Iceland, Israel, Japan and Mexico.However, unemployment increased in the Czech Republic and Hungary,” the statement said.

Unemployment was at 3.6% for the third consecutive month in the US.


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