OECD unemployment drops to one-tenth, accumulating eleven months of decline

This unemployment over OECD one tenth fell to 5.1% in MarchThis represents the eleventh consecutive month and the lowest since the statistical series began in 2001.

The index remains below the pre-pandemic level, with 5.3% recorded in February 2020, highlighted in a statement by the Organization for Economic Co-operation and Development (OECD). unemployment two-thirds lower than recorded before the pandemic Among OECD countries, it was only half of its members in February.

Unemployment fell in March in all age groupsboth in men and women.

Unemployment in the euro area fell to 6.8% from 6.9% in February. Mexico recorded the biggest drop, from 3.7% to 3.3%; In the US, unemployment fell from 3.8% to 3.6%. On the other hand, Turkey recorded a slight increase from 11.1 to 11.5.

Source: Informacion

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