Euro Area Unemployment Rate at 9.2%, OECD

The unemployment rate for the Euro area  was 9.2% in April 2009, 0.3 percentage points higher than the previous month and 1.9% higher than in April 2008, OECD said in a report released today.

Based on data stat extracts:

» For France, OECD said the rate was 8.9% in April 2009, 1.3% points higher than a year earlier.

» For Germany, the rate was 7.7%, 0.1 percentage point higher than the previous month.

» The rate in the United Kingdom was 6.9%, 0.2 percentage points higher than the previous month, and 1.8% higher than in February 2008.

» Spain, Ireland and Slovak Republic topped the list with the highest unemployment numbers: 18.1%, 11.1%, 11.1%, respectively.

The unemployment rate for the OECD area was 7.8% in April, 2.2 percentage points higher than a year earlier.

» For the United States, the unemployment rate for May 2009 was 9.4%, 0.5 percentage point higher than April, and 3.8% points higher on a Y/Y basis.

» For Japan, the rate was 5.0% in April 2009, 1.1% higher than in April 2008.

And for Canada, the unemployment rate was 8.4% in May 2009, 2.3% higher than a year earlier.

The latest unemployment rates for other OECD countries »

Graph: OECD

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