Unemployment - International Comparisons: Key Economic Indicators

Published Friday, January 15, 2016

Unemployment: International Comparisons: Data on harmonised unemployment rates for major international economies.

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The OECD produces harmonised unemployment rates for OECD members based on the ILO definition of unemployment.

The UK harmonised unemployment rate for Q2 2015 was 5.6%. This was below the rate of France and Italy but above that of Germany.

In the US, the unemployment rate stood at 5.2% in Q3 2015, down from 5.4% in Q2.

In the Eurozone, the unemployment rate was 10.9% in Q3 2015, compared to 11.0% in Q2 2015.

Spain and Greece have the highest harmonised unemployment rate out of 34 OECD member states (22.5% and 25.0%)

Japan and Korea had the lowest unemployment rate in the OECD in Q2 2015 at (3.4% and 3.6%).

 

Commons Briefing papers SN02800

Author: Christopher Watson

Topics: Economic situation, International economic relations, Unemployment

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