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OECD unemployment rate at 8.0% in April 2013

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OECD unemployment rate at 8.0% in April 2013

The OECD unemployment rate was stable at 8.0% in April 2013, unchanged from the previous month.

In the euro area, the unemployment rate hit a new record high - up 0.1 percentage point to 12.2% in April, 1.3 percentage point above its mid-90’s peak.

In April, the unemployment rate decreased in the United States (by 0.1 percentage point to 7.5%) and in Korea (by 0.1 percentage point to 3.1%), while it was stable in Canada (at 7.2%) and in Japan (at 4.1%). More recent data referring to the month of May show that the unemployment rate increased in the United States (by 0.1 percentage point to 7.6%) while it fell in Canada (by 0.1 percentage point to 7.1%).

Trends in unemployment rates across OECD countries have diverged significantly since the beginning of the economic and financial crisis. In May 2013, unemployment rates were significantly below the peaks reached in the second half of 2009 in Canada and the United States (1.6 and 2.4 percentage points lower, respectively). In April, the unemployment rate in Japan was close to its pre-crisis level while it was significantly below that level in Germany (2.0 percentage points lower). By contrast, the unemployment rate reached a new peak in several European countries, including France (at 11.0%), Greece (at 27.0% in February, the latest month available), Italy (at 12.0%), Portugal (at 17.8%) and Spain (at 26.8%).

Overall, there were 48.5 million people unemployed in the OECD area in April 2013, 0.2 million more than in March and 13.7 million more than in July 2008.

OECD Harmonised Unemployment Rates, s.a.

(1) For the United Kingdom, latest data refer to February 2013.

Methodological Notes: http://www.oecd.org/std/labourstatistics/44743407.pdf All rates and levels quoted are seasonally adjusted (s.a.).

New Labour Market Statistics: http://stats.oecd.org/index.aspx?queryid=36324

Country Note: The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law.

3 4 5 6 7 8 9 10 11 12 13

Euro area United States

Japan OECD Total

3 4 5 6 7 8 9 10 11 12 13

Canada France Germany Italy Japan United Kingdom

(1) United States

Euro area

OECD

Apr-13 Highest rate since Jul-08 Jul-08

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Table 1: OECD Unemployment Rates, s.a.

Percentage of active population

2010 2011 2012 2012 2013 2012 2013

Q2 Q3 Q4 Q1 Nov Dec Jan Feb Mar Apr

OECD - Total 8.3 8.0 8.0 7.9 8.0 8.0 8.1 8.0 8.0 8.1 8.1 8.0 8.0 Major Seven 8.2 7.7 7.4 7.4 7.4 7.3 7.3 7.3 7.3 7.4 7.4 7.3 7.3 European Union 9.7 9.7 10.5 10.4 10.5 10.7 10.9 10.7 10.8 10.9 10.9 11.0 11.0 Euro area 10.1 10.1 11.4 11.3 11.5 11.8 12.1 11.8 11.8 12.0 12.1 12.1 12.2

Australia 5.2 5.1 5.2 5.1 5.3 5.4 5.5 5.3 5.4 5.4 5.4 5.6 5.5

Austria 4.4 4.1 4.4 4.3 4.5 4.6 4.9 4.5 4.7 4.9 5.0 4.9 4.9

Belgium 8.3 7.2 7.6 7.6 7.7 8.0 8.2 8.0 8.1 8.1 8.2 8.2 8.4

Canada (1) 8.0 7.5 7.2 7.3 7.3 7.2 7.1 7.2 7.1 7.0 7.0 7.2 7.2

Chile 8.2 7.1 6.4 6.3 6.2 6.5 6.3 6.5 6.4 6.5 6.3 6.4

Czech Republic 7.3 6.7 7.0 6.9 7.0 7.2 7.2 7.2 7.2 7.1 7.2 7.2 7.2

Denmark 7.5 7.6 7.5 7.9 7.4 7.3 7.2 7.3 7.3 7.3 7.2 7.0 7.0

Estonia 16.9 12.6 10.1 10.0 10.0 9.8 9.3 9.9 9.8 9.8 9.3 8.7

Finland 8.4 7.8 7.7 7.7 7.8 7.9 8.1 7.9 8.0 8.0 8.1 8.1 8.2

France 9.7 9.6 10.3 10.2 10.3 10.5 10.8 10.5 10.6 10.7 10.8 11.0 11.0

Germany 7.1 6.0 5.5 5.5 5.4 5.4 5.4 5.4 5.4 5.4 5.4 5.4 5.4

Greece 12.6 17.7 24.3 23.9 25.5 26.1 26.3 25.9 26.7 27.0 Hungary 11.2 11.0 10.9 11.0 10.7 10.9 10.9 10.9 11.0 11.1 11.1 10.6

Iceland 7.6 7.1 6.0 6.1 5.9 5.6 5.6 5.6 5.6 5.6 5.6 5.6 5.6

Ireland 13.9 14.7 14.7 14.9 14.7 14.3 13.7 14.3 14.0 13.8 13.7 13.7 13.5

Israel 6.6 5.6 6.9 6.9 6.8 6.8 6.6 6.7 6.8 6.5 6.7 6.6 6.9

Italy 8.4 8.4 10.7 10.6 10.8 11.3 11.9 11.3 11.4 11.9 11.9 11.9 12.0

Japan 5.1 4.6 4.4 4.4 4.3 4.2 4.2 4.2 4.3 4.2 4.3 4.1 4.1

Korea 3.7 3.4 3.2 3.3 3.1 3.0 3.3 3.0 3.0 3.2 3.5 3.2 3.1

Luxembourg 4.6 4.8 5.1 5.1 5.2 5.2 5.5 5.2 5.3 5.4 5.5 5.6 5.6

Mexico 5.4 5.2 5.0 5.0 4.8 5.0 5.0 5.2 5.0 5.2 4.9 4.9 5.2

Netherlands 4.5 4.5 5.3 5.1 5.3 5.6 6.2 5.6 5.8 6.0 6.2 6.4 6.5

New Zealand 6.5 6.5 6.9 6.8 7.3 6.8 6.2

Norway 3.6 3.3 3.2 3.0 3.1 3.5 3.6 3.5 3.6 3.6 3.6 3.7

Poland 9.7 9.7 10.1 10.0 10.2 10.4 10.6 10.4 10.4 10.6 10.6 10.7 10.8 Portugal 11.0 12.9 15.9 15.6 16.1 17.0 17.7 17.0 17.3 17.6 17.7 17.7 17.8 Slovak Republic 14.5 13.6 14.0 13.9 14.0 14.3 14.5 14.4 14.4 14.5 14.6 14.5 14.5 Slovenia 7.3 8.2 8.9 8.5 9.4 9.4 9.8 9.3 9.4 9.6 9.7 10.0 10.2 Spain 20.1 21.6 25.1 24.7 25.5 26.1 26.6 26.2 26.2 26.4 26.6 26.7 26.8

Sweden 8.6 7.8 8.0 7.9 8.0 8.1 8.2 8.4 8.0 8.0 8.2 8.4 8.4

Switzerland 4.5 4.0 4.2 3.7 4.3 4.4

Turkey 10.7 8.8 8.2 8.0 8.1 8.3 8.3 8.4 8.4 8.3

United Kingdom 7.8 8.0 7.9 7.9 7.8 7.7 7.7 7.7 7.8 7.7 United States (2) 9.6 9.0 8.1 8.2 8.0 7.8 7.7 7.8 7.8 7.9 7.7 7.6 7.5

Notes:

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Table 2: Unemployment Rates by Gender, s.a.

Percentage of corresponding active population

Women Men

2012 2012 2013 2013 2012 2012 2013 2013

Q4 Q1 Feb Mar Apr Q4 Q1 Feb Mar Apr

OECD - Total 8.1 8.1 8.2 8.2 8.1 8.1 7.9 7.9 8.0 7.9 7.9 8.0 Major Seven 7.3 7.2 7.3 7.3 7.2 7.1 7.5 7.4 7.4 7.4 7.3 7.4 European Union 10.5 10.8 11.0 11.0 11.0 11.0 10.4 10.6 10.9 10.9 10.9 11.0 Euro area 11.6 12.0 12.2 12.2 12.3 12.3 11.2 11.6 12.0 12.0 12.0 12.0

Australia 5.3 5.4 5.5 5.4 5.5 5.6 5.2 5.4 5.5 5.3 5.6 5.5

Austria 4.3 4.3 4.8 4.8 4.8 5.0 4.4 4.9 5.1 5.2 4.9 4.8

Belgium 7.4 7.5 7.4 7.4 7.5 7.6 7.7 8.5 8.8 8.8 8.9 9.0

Canada 6.8 6.7 6.8 6.8 7.0 6.7 7.7 7.7 7.4 7.2 7.5 7.6

Chile 7.9 7.8 7.4 7.4 7.6 5.4 5.7 5.6 5.6 5.7

Czech Republic 8.2 8.4 8.4 8.4 8.4 8.4 6.0 6.2 6.3 6.3 6.3 6.2

Denmark 7.5 7.4 7.4 7.4 7.2 7.1 7.5 7.3 6.9 6.9 6.8 6.9

Estonia 9.2 8.8 8.8 8.9 8.8 11.0 10.7 9.7 9.7 8.6

Finland 7.1 7.3 7.4 7.4 7.4 7.4 8.3 8.5 8.7 8.7 8.8 8.8

France 10.4 10.6 11.0 11.0 11.1 11.1 10.1 10.4 10.7 10.7 10.9 10.9

Germany 5.2 5.1 5.1 5.1 5.0 5.0 5.7 5.7 5.7 5.7 5.7 5.7

Greece 28.1 29.8 31.0 21.4 23.3 24.1

Hungary 10.7 10.7 10.6 10.6 10.4 11.2 11.2 11.2 11.5 10.8

Iceland 5.7 5.2 5.4 5.4 5.4 5.4 6.4 6.0 5.7 5.7 5.7 5.7

Ireland 11.0 10.9 11.1 11.0 11.2 11.0 17.7 17.0 15.9 15.9 15.7 15.6

Israel 7.0 6.8 6.5 6.6 6.4 6.7 6.8 6.9 6.7 6.8 6.7 7.0

Italy 11.9 12.5 13.1 13.0 13.1 13.2 9.9 10.5 11.1 11.1 11.0 11.2

Japan 4.0 4.0 3.7 3.9 3.5 3.8 4.6 4.4 4.6 4.6 4.5 4.3

Korea 3.0 2.7 3.0 3.1 3.0 2.9 3.4 3.2 3.5 3.7 3.3 3.2

Luxembourg 5.8 5.9 6.3 6.3 6.5 6.6 4.5 4.6 4.8 4.8 4.9 4.9

Mexico 5.0 5.2 5.2 5.2 5.1 5.0 4.9 4.9 4.9 4.7 4.8 5.3

Netherlands 5.2 5.4 5.8 5.7 6.0 6.0 5.3 5.8 6.6 6.6 6.8 6.9

New Zealand 7.3 7.6 6.9 6.5 6.2 5.5

Norway 2.8 3.2 3.4 3.3 3.5 3.6 3.7 3.8 3.7 3.9

Poland 10.9 11.2 11.5 11.5 11.6 11.6 9.4 9.7 9.9 9.9 10.0 10.1 Portugal 15.9 17.1 17.4 17.4 17.3 17.6 16.0 17.0 17.9 17.9 18.0 18.1 Slovak Republic 14.5 14.8 14.7 14.7 14.6 14.6 13.5 14.0 14.4 14.4 14.4 14.4 Slovenia 9.4 9.7 10.2 10.2 10.6 11.1 8.4 9.1 9.4 9.4 9.4 9.4 Spain 25.4 26.6 27.1 27.1 27.2 27.5 24.8 25.8 26.1 26.1 26.2 26.3

Sweden 7.7 7.9 8.0 7.9 8.3 7.9 8.2 8.3 8.4 8.5 8.5 8.8

Switzerland 4.5 4.7 3.9 4.1

Turkey 9.4 9.9 9.9 7.6 7.6 7.5

United Kingdom 7.4 7.2 7.2 8.3 8.1 8.1

United States 7.9 7.7 7.7 7.7 7.6 7.3 8.2 7.9 7.8 7.8 7.6 7.7

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Table 3: Unemployment Rates by Age, s.a.

Percentage of corresponding active population

Youth (15-24) Prime and Older Workers (25+)

2012 2012 2013 2013 2012 2012 2013 2013

Q4 Q1 Feb Mar Apr Q4 Q1 Feb Mar Apr

OECD - Total 16.2 16.3 16.5 16.4 16.4 16.5 6.8 6.8 6.9 6.9 6.9 6.9 Major Seven 16.1 15.9 16.1 16.0 16.0 16.1 6.3 6.2 6.2 6.2 6.1 6.1 European Union 22.8 23.2 23.4 23.4 23.4 23.5 9.1 9.3 9.5 9.5 9.6 9.6 Euro area 23.1 23.7 24.2 24.2 24.3 24.4 10.1 10.6 10.8 10.8 10.9 10.9

Australia 11.7 12.0 11.9 11.9 12.1 11.7 3.9 4.0 4.1 4.0 4.2 4.3

Austria 8.7 8.7 8.7 8.8 7.9 8.0 3.6 3.9 4.3 4.4 4.4 4.4

Belgium 19.7 21.4 22.2 22.2 22.4 22.4 6.4 6.7 6.9 6.9 6.9 7.1 Canada 14.3 14.2 13.8 13.6 14.2 14.5 6.0 6.0 5.9 5.8 6.0 5.9 Chile 16.3 16.8 17.0 17.0 16.9 4.9 5.0 4.8 4.8 4.9 Czech Republic 19.5 19.5 19.4 19.4 19.8 20.0 6.0 6.3 6.3 6.3 6.3 6.2 Denmark 14.1 14.1 12.8 12.8 12.3 12.2 6.3 6.1 6.1 6.1 6.0 6.0 Estonia 20.9 19.0 20.5 21.3 19.4 8.9 8.8 8.1 8.0 7.6 Finland 18.9 19.4 19.9 19.9 19.9 19.9 6.1 6.3 6.4 6.4 6.5 6.5 France 24.3 25.4 26.2 26.2 26.5 26.5 8.7 8.9 9.2 9.2 9.3 9.4

Germany 8.1 7.9 7.6 7.6 7.5 7.5 5.2 5.1 5.1 5.1 5.1 5.1

Greece 55.3 58.0 62.5 22.2 24.0 24.7

Hungary 28.3 28.8 28.6 29.6 27.4 9.7 9.6 9.6 9.7 9.3 Iceland 13.7 11.8 11.7 11.6 11.8 12.0 4.5 4.3 4.3 4.3 4.3 4.2 Ireland 30.4 29.0 28.4 28.7 27.6 26.6 12.9 12.6 12.1 12.1 12.2 12.2 Israel 12.1 11.9 10.9 10.6 10.8 10.6 5.8 6.1 5.7 5.8 5.4 5.7 Italy 35.2 37.4 39.3 38.6 40.3 40.5 8.9 9.5 10.0 10.0 10.0

Japan 8.1 7.2 6.8 6.6 6.5 8.1 4.0 3.9 4.0 4.1 3.9 3.8

Korea 9.0 8.5 9.1 9.3 9.6 10.2 2.8 2.6 2.9 3.1 2.7 2.6

Luxembourg 18.2 17.7 18.3 18.3 18.7 18.2 4.2 4.3 4.5 4.5 4.6 4.7

Mexico 9.5 9.5 9.8 9.5 9.7 9.7 3.8 3.9 3.8 3.8 3.8 4.1

Netherlands 9.5 9.8 10.4 10.4 10.5 10.6 4.5 4.8 5.4 5.4 5.6 5.7

New Zealand 17.6 19.2 15.1 4.9 4.5 4.5

Norway 8.6 9.6 9.6 9.6 9.4 2.3 2.4 2.6 2.5 2.7

Poland 26.5 27.5 27.6 27.6 27.5 27.6 8.5 8.7 9.0 9.0 9.1 9.2 Portugal 37.7 38.7 40.7 40.8 41.2 42.5 14.0 15.2 15.8 15.8 15.8 15.8 Slovak Republic 34.0 34.8 34.4 34.5 34.1 33.6 12.2 12.6 12.8 12.8 12.8 12.8 Slovenia 20.5 23.3 24.4 24.4 24.4 7.9 8.3 8.7 8.7 8.8 8.9 Spain 53.2 55.2 55.9 55.9 56.0 56.4 22.7 23.7 24.1 24.1 24.3 24.4 Sweden 23.6 24.1 24.4 24.6 25.1 24.7 5.7 5.8 5.8 5.8 5.9 5.9

Switzerland 6.1 10.3 3.5 3.4

Turkey 15.7 16.5 16.7 6.7 6.8 6.7

United Kingdom 21.0 20.6 20.2 5.7 5.5 5.6

United States 16.2 16.0 16.4 16.3 16.2 16.1 6.8 6.5 6.4 6.4 6.2 6.1

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Table 4: Unemployment Levels, s.a.

Thousands of persons

2011 2012 2012 2013 2013

Q3 Q4 Q1 Jan Feb Mar Apr

OECD - Total 47,282 47,824 47,881 48,212 48,625 48,928 48,687 48,285 48,458 Major Seven 28,098 27,299 27,185 27,051 27,181 27,478 27,224 26,841 26,828 European Union 23,144 25,251 25,463 25,932 26,428 26,366 26,435 26,484 26,588 Euro area 16,021 18,064 18,312 18,759 19,208 19,129 19,215 19,280 19,375

Australia 611 636 644 655 672 665 662 688 685

Austria 179 189 196 200 216 216 220 213 214

Belgium 347 369 376 392 401 399 400 404 411

Canada 1,393 1,368 1,379 1,373 1,343 1,323 1,333 1,375 1,362

Chile 574 524 508 532 520 534 520 532

Czech Republic 351 367 368 379 381 377 382 384 380

Denmark 221 219 215 213 206 211 208 200 201

Estonia 87 70 70 68 64 68 65 60

Finland 209 207 210 213 218 216 218 219 220

France 2,801 3,006 3,026 3,098 3,214 3,180 3,212 3,250 3,276 Germany 2,501 2,316 2,299 2,290 2,293 2,293 2,294 2,291 2,286

Greece 877 1,204 1,270 1,297 1,309 1,320

Hungary 470 476 468 477 478 485 485 463

Iceland 13 11 11 10 10 10 10 10 10

Ireland 317 316 317 304 293 295 292 291 287

Israel 180 247 247 249 241 238 245 239 252

Italy 2,103 2,746 2,762 2,914 3,064 3,069 3,061 3,061 3,083 Japan 3,018 2,848 2,803 2,750 2,767 2,790 2,840 2,670 2,710

Korea 855 820 794 764 837 808 891 813 792

Luxembourg 12 13 13 13 14 14 14 14 14

Mexico 2,540 2,496 2,448 2,530 2,517 2,593 2,477 2,482 2,625

Netherlands 389 468 473 504 553 535 550 573 580

New Zealand 155 165 174 161 146

Norway 87 86 83 93 98 98 96 100

Poland 1,659 1,749 1,763 1,797 1,841 1,831 1,842 1,849 1,862

Portugal 706 860 875 915 937 938 937 937 945

Slovak Republic 366 378 380 386 392 392 393 390 389

Slovenia 83 90 95 95 100 98 99 102 103

Spain 4,999 5,769 5,886 5,998 6,059 6,034 6,064 6,078 6,102

Sweden 389 402 407 414 417 406 417 429 428

Switzerland 184 193 200 203

Turkey 2,328 2,201 2,206 2,301 2,331 2,306

United Kingdom 2,534 2,511 2,480 2,460 2,491 2,452

United States 13,747 12,506 12,437 12,165 12,035 12,332 12,032 11,742 11,659

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