OECD employment rate stable at 66.1% in the second quarter of 2015 OECD Quarterly Employment Situation News Release: 2nd Quarter 2015

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Paris, 14^th October 2015

OECD Quarterly Employment Situation News Release: 2nd Quarter 2015

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OECD employment rate stable at 66.1% in the second quarter of 2015

The OECD area employment rate – defined as the share of people of working-age who are in employment – remained stable at 66.1% in the second quarter of 2015, 0.4 percentage point below the level recorded in the second quarter of 2008.

Changes in the employment rate from the previous quarter were minor, with gains of 0.1 percentage point in the euro area (to 64.3%), in the United States (to 68.7%), in Canada (to 72.6%), and in Japan (to 73.2%) and declines by the same amount in the United Kingdom (to 72.5%).

The largest increases in employment rates relative to the previous quarter were observed in Estonia (by 1.5 percentage point to 71.7%) and in Greece (by 0.9 percentage point to 50.7%). The employment rate rose by 0.7 percentage point in Hungary (63.7%), Luxembourg (to 67.4%), Portugal (to 64.0%) and Slovenia (to 65.2%). On the other hand, it decreased by 0.3 percentage point in Austria (to 70.8%), Denmark (to 73.4%), Germany (to 73.7%) and Switzerland (to 80.1%) and by 0.4 percentage point in Finland (to 68.3%). The largest fall was observed in Belgium (down 0.7 percentage point to 61.4%).

Compared to the first quarter of 2015, the OECD employment rate for women increased by 0.2 percentage point (to 58.4%), while it was stable for men (at 74.0%); in several OECD countries such as Japan, the United States or Greece, women accounted for most of the changes in the employment rate. OECD employment rates were stable for youth (aged 15-24, at 40.0%) and for prime-aged workers (aged 25-54, at 76.4%), while it increased by 0.2 percentage point, to 58.0% for older workers (aged 55-64).

* Note: statistical breaks for Japan in Q1-2011 and Q3-2011

Methodological Notes: http://www.oecd.org/std/labourstatistics/50273955.pdf All rates and levels quoted are seasonally adjusted (s.a.).

New Quarterly Labour Market Statistics: http://stats.oecd.org/Index.aspx?DataSetCode=STLABOUR

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.

Contacts: For further information readers are invited to contact the OECD's Media Relations Division on (33) 1 45 24 97 00 or e-mail [email protected]

For technical questions contact [email protected] Next release: mid-January 2016

63 65 67 69 71 73

Employment rates Employment as a percentage of the working-age population

OECD Total Euro area

Japan* United States

Canada

-0.2 0.0 0.2 0.4 0.6 0.8 1.0

OECD Total Euro area Greece Japan United States

Change in employment rates from Q1 2015 to Q2 2015, Percentage points Male contribution to the change in employment rate Female contribution to the change in employment rate

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OECD Quarterly Employment Situation News Release: 2nd Quarter 2015

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Table 1: OECD employment rates and levels (15-64)

Employment as a percentage of corresponding working age population and levels, seasonally adjusted

Employment rates Levels

2011 2012 2013 2014 2008 2014 2015 Thousands

Q2 Q1 Q2 Q3 Q4 Q1 Q2 Q2 - 2015

OECD - Total 64.8 65.0 65.1 65.7 66.5 65.5 65.6 65.7 65.9 66.1 66.1 542 133 Major Seven 67.5 67.7 68.0 68.6 69.6 68.4 68.6 68.7 68.9 69.0 69.1 330 612 European Union 64.2 64.1 64.1 64.8 65.8 64.5 64.7 64.9 65.1 65.3 65.5 215 090 Euro area 64.2 63.7 63.5 63.8 65.9 63.6 63.7 63.9 64.0 64.2 64.3 140 226

Australia 72.7 72.3 72.0 71.6 73.3 71.6 71.5 71.5 71.6 71.8 72.0 11 290 Austria 71.1 71.4 71.4 71.1 71.0 71.1 71.2 71.0 71.1 71.1 70.8 4 042 Belgium 61.9 61.8 61.8 61.9 62.2 61.7 61.9 62.0 62.1 62.1 61.4 4 464 Canada 71.8 72.1 72.4 72.3 73.6 72.3 72.2 72.2 72.5 72.5 72.6 17 243 Chile 61.3 61.8 62.3 62.2 57.2 62.2 62.3 62.1 62.3 62.2 62.4 7 464 Czech Republic 65.7 66.6 67.7 69.0 66.6 68.4 68.7 69.1 69.6 69.8 70.2 4 938 Denmark 73.2 72.6 72.6 72.8 78.1 72.0 72.6 73.1 73.6 73.7 73.4 2 670 Estonia 65.3 67.2 68.5 69.6 70.0 67.8 70.0 70.0 70.4 70.2 71.7 613 Finland 69.0 69.4 68.9 68.7 71.2 68.8 68.9 68.6 68.5 68.7 68.3 2 361 France¹ 63.9 64.1 64.1 63.8 64.9 63.9 63.8 63.6 63.8 63.8 63.8 26 078 Germany 72.7 73.0 73.5 73.8 69.8 73.6 73.7 74.0 73.9 74.0 73.7 38 989 Greece 55.1 50.8 48.8 49.4 61.5 49.2 49.2 49.6 49.7 49.8 50.7 3 552 Hungary 55.4 56.7 58.1 61.8 56.3 61.2 61.3 62.1 62.5 63.0 63.7 4 164 Iceland 78.5 79.7 81.1 81.6 84.4 80.7 82.0 81.5 82.3 84.2 84.7 174 Ireland 58.9 58.9 60.5 61.7 68.0 61.3 61.3 61.9 62.4 62.7 63.1 1 899 Israel² 60.9 66.5 67.1 67.9 59.9 67.9 67.7 67.8 68.0 67.9 68.2 3 459 Italy 56.8 56.6 55.5 55.7 58.8 55.6 55.6 55.8 55.8 55.9 56.2 21 917 Japan 71.1 70.6 71.7 72.7 70.9 72.4 72.6 72.8 72.9 73.1 73.2 56 327 Korea 63.8 64.2 64.4 65.3 63.9 65.3 65.2 65.5 65.5 65.7 65.5 23 803 Luxembourg³ 64.6 65.9 65.7 66.6 64.2 66.9 66.9 65.7 67.1 66.7 67.4 259 Mexico 60.0 60.9 60.8 60.4 61.2 60.8 60.4 60.2 60.2 60.6 60.5 47 690 Netherlands 74.2 74.4 73.6 73.1 77.1 73.0 72.9 73.1 73.5 74.1 74.1 8 123 New Zealand 72.5 72.0 72.8 74.2 74.9 74.0 74.1 74.3 74.7 74.8 74.6 2 220 Norway 75.3 75.8 75.4 75.2 78.1 75.2 75.4 75.1 75.2 74.9 74.9 2 546 Poland 59.3 59.7 60.0 61.7 59.0 61.1 61.4 62.0 62.3 62.6 62.7 15 752 Portugal 63.8 61.4 60.6 62.6 68.3 62.0 62.4 63.0 63.1 63.3 64.0 4 315 Slovak Republic 59.3 59.7 59.9 61.0 61.9 60.4 60.7 61.0 61.6 62.1 62.6 2 399 Slovenia 64.4 64.1 63.3 63.9 68.1 63.4 64.2 63.8 64.2 64.5 65.2 903 Spain 58.0 55.8 54.8 56.0 65.0 55.3 55.8 56.1 56.7 57.0 57.6 17 657 Sweden 73.6 73.8 74.4 74.9 74.4 74.6 74.8 75.1 75.0 75.2 75.3 4 643 Switzerland 79.4 79.4 79.6 79.9 79.5 79.0 79.7 79.7 81.0 80.4 80.1 4 416 Turkey⁴ 48.4 48.9 49.5 49.5 45.1 49.7 49.6 49.4 49.5 50.0 49.9 25 703 United Kingdom 69.3 69.9 70.5 71.9 71.8 71.4 71.9 72.0 72.2 72.6 72.5 29 804 United States 66.6 67.1 67.4 68.1 71.2 67.8 68.0 68.2 68.5 68.6 68.7 140 255

1Statistical breaks for France in Q4-2013, following the inclusion of data for overseas departments. European Union and Euro area aggregates are also affected, and, to a lesser extent OECD-Total and Major seven aggregates.

2Following changes introduced in the Labour Force Survey for Israel, data from Q1 2012 onwards are not comparable with previous data.

3Following changes introduced in the Labour Force Survey for Luxembourg, data from Q1 2015 onwards are not comparable with previous data.

4Following changes introduced in the Labour Force Survey for Turkey, data from Q1 2014 onwards are not comparable with previous data.

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OECD Quarterly Employment Situation News Release: 2nd Quarter 2015

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Table 2: OECD employment rates (15-64) by gender

Employment as a percentage of corresponding working age population, seasonally adjusted

Women Men

2014 2014 2015 2014 2014 2015

Q2 Q3 Q4 Q1 Q2 Q2 Q3 Q4 Q1 Q2

OECD - Total 57.9 57.8 57.9 58.1 58.2 58.4 73.6 73.5 73.6 73.8 74.0 74.0 Major Seven 62.9 62.9 62.9 63.2 63.2 63.4 74.5 74.3 74.6 74.7 74.8 74.8 European Union 59.6 59.5 59.6 59.8 60.1 60.3 70.1 69.9 70.2 70.3 70.5 70.6 Euro area 58.7 58.7 58.7 58.9 59.1 59.3 69.0 68.9 69.0 69.1 69.4 69.4

Australia 66.1 66.1 66.1 66.1 66.2 66.6 77.1 77.0 77.0 77.1 77.4 77.5 Austria 66.9 67.2 66.7 67.0 66.8 66.7 75.3 75.3 75.3 75.2 75.4 75.0 Belgium 58.0 58.1 58.3 58.0 58.2 57.7 65.8 65.6 65.6 66.1 65.9 65.0 Canada 69.4 69.4 69.3 69.4 69.5 69.5 75.2 74.9 75.1 75.5 75.6 75.6 Chile 51.7 51.6 51.9 51.7 51.3 51.6 72.8 73.0 72.4 72.8 73.1 73.1 Czech Republic 60.7 60.2 60.8 61.6 61.9 62.3 77.0 76.9 77.3 77.4 77.4 77.8 Denmark 69.8 69.4 69.9 71.0 70.9 70.2 75.8 75.7 76.2 76.1 76.3 76.5 Estonia 66.3 66.5 67.5 66.9 67.1 68.0 73.0 73.6 72.5 74.0 73.4 75.4 Finland 68.0 68.2 68.1 67.7 67.8 67.6 69.5 69.7 69.0 69.4 69.5 69.1 France 60.4 60.5 60.2 60.5 60.5 60.6 67.3 67.3 67.1 67.3 67.2 67.1 Germany 69.5 69.5 69.7 69.7 69.8 69.8 78.1 77.9 78.2 78.0 78.1 77.6 Greece 41.1 40.7 41.3 41.6 41.6 42.6 58.0 57.8 58.1 58.0 58.3 59.1 Hungary 55.9 55.5 56.2 56.7 57.0 57.6 67.8 67.2 68.2 68.6 69.1 70.0 Iceland 79.3 79.2 79.9 80.4 81.5 82.1 84.0 84.7 83.1 84.2 86.8 87.3 Ireland 56.7 56.2 56.8 57.2 57.4 57.5 66.9 66.5 67.1 67.6 68.2 68.9 Israel 64.2 64.1 64.4 64.2 64.1 64.2 71.5 71.4 71.2 71.9 71.8 72.3 Italy 46.8 46.7 46.9 47.0 47.0 47.2 64.7 64.6 64.7 64.8 65.0 65.2 Japan 63.7 63.5 63.8 64.2 64.2 64.5 81.6 81.6 81.6 81.6 81.7 81.7 Korea 54.9 54.7 55.1 55.2 55.6 55.4 75.7 75.5 75.8 75.7 75.8 75.6 Luxembourg¹ 60.5 60.4 59.1 61.1 61.1 61.9 72.6 73.3 72.2 72.9 72.2 72.8 Mexico 44.2 44.4 44.0 43.8 44.4 44.3 78.1 77.8 77.9 78.2 78.5 78.2 Netherlands 68.1 67.8 68.1 68.5 69.1 69.3 78.2 77.9 78.1 78.4 79.1 78.9 New Zealand 69.1 68.5 69.0 69.8 69.7 69.4 79.7 79.9 79.8 79.8 80.1 80.0 Norway 73.4 73.6 73.0 73.5 72.9 73.3 77.0 77.1 77.1 76.8 76.9 76.5 Poland 55.2 54.9 55.4 55.8 56.2 56.6 68.2 67.9 68.6 68.9 69.1 68.8 Portugal 59.7 59.2 59.9 60.1 60.3 61.5 65.8 65.7 66.2 66.2 66.4 66.7 Slovak Republic 54.3 54.2 54.2 54.6 55.4 55.7 67.7 67.2 67.8 68.5 68.8 69.4 Slovenia 60.0 60.3 59.9 60.0 60.0 61.0 67.6 67.9 67.5 68.0 68.7 69.2 Spain 51.2 51.1 51.1 51.9 52.0 52.5 60.7 60.5 61.0 61.5 62.1 62.8 Sweden 73.1 73.0 73.7 73.1 73.5 73.6 76.6 76.5 76.6 76.7 76.9 76.9 Switzerland 75.2 75.1 74.7 76.7 76.2 75.6 84.5 84.2 84.6 85.2 84.5 84.5 Turkey 29.5 29.3 29.5 29.8 30.1 30.1 69.5 69.8 69.1 69.1 69.9 69.6 United Kingdom 67.1 67.0 67.2 67.6 67.7 67.9 76.8 76.9 77.0 77.0 77.4 77.2 United States 63.0 63.0 62.9 63.3 63.2 63.4 73.5 73.3 73.7 74.0 74.1 74.2

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OECD Quarterly Employment Situation News Release: 2nd Quarter 2015

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Table 3: OECD employment rates by age

Employment as a percentage of corresponding working age population, seasonally adjusted Youth (15-24) Prime-age workers (25-54) Older workers (55-64)

2014 2015 2014 2015 2014 2015

Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2

OECD - Total 39.7 39.9 40.0 40.0 76.0 76.2 76.4 76.4 57.5 57.7 57.8 58.0 Major Seven 42.9 43.3 43.3 43.3 78.6 78.7 78.9 78.8 60.8 61.0 61.0 61.3 European Union 32.6 32.7 33.0 32.9 77.5 77.6 77.7 77.8 51.9 52.4 52.7 53.0 Euro area 30.6 30.7 30.8 30.6 76.0 76.1 76.4 76.4 51.9 52.2 52.8 53.2

Australia 57.4 57.8 57.6 58.3 78.6 78.7 79.2 79.4 62.1 61.5 61.8 62.0 Austria 51.6 52.0 52.0 51.4 83.3 83.4 83.4 83.2 45.4 45.6 45.6 45.9 Belgium 24.3 23.3 24.9 23.5 78.8 79.0 78.9 78.0 42.4 43.4 43.1 43.8 Canada 55.5 56.2 56.1 56.0 81.0 81.5 81.5 81.5 60.5 59.9 60.5 60.6 Chile 30.0 30.3 31.0 30.2 74.8 74.9 74.5 74.9 63.8 64.0 63.6 64.2 Czech Republic 27.2 28.0 28.4 28.4 83.8 84.1 84.2 84.4 54.4 55.0 54.9 55.7 Denmark 54.5 56.2 55.7 55.4 82.2 82.1 82.1 81.6 63.8 64.4 64.9 65.2 Estonia 33.2 34.3 35.3 39.5 80.5 81.5 81.4 82.4 66.4 66.5 62.0 62.1 Finland 41.2 41.1 41.2 40.6 80.5 80.0 80.1 79.8 58.8 59.6 59.6 59.2 France 27.8 27.9 27.8 27.9 79.5 79.7 79.4 79.3 46.8 47.9 48.3 48.8 Germany 46.2 46.2 46.1 45.0 83.6 83.5 83.9 83.6 65.9 65.8 65.7 65.9 Greece 13.9 13.5 13.3 13.3 62.7 63.0 63.2 64.5 33.7 33.5 33.3 33.9 Hungary 23.3 24.2 24.5 25.5 79.6 79.7 80.2 80.5 42.2 42.9 43.6 44.9 Iceland 67.9 69.9 72.5 73.1 85.3 86.3 87.7 88.7 83.8 83.9 84.1 83.6 Ireland 28.8 28.7 28.7 28.7 72.6 73.5 73.5 74.0 53.5 53.6 54.5 55.2 Israel 78.0 78.4 78.4 78.9 64.8 65.5 66.0 66.0 Italy 15.8 15.5 15.1 15.1 67.7 67.7 68.1 68.0 46.6 47.1 47.9 48.6 Japan 40.5 40.4 40.1 40.5 82.2 82.4 82.5 82.4 68.8 69.2 69.5 69.5 Korea 26.3 26.2 26.4 27.0 75.7 75.7 75.9 75.6 65.7 65.8 66.3 65.5 Luxembourg¹ 18.5 21.2 26.9 28.7 83.9 84.4 82.3 83.5 42.8 44.0 42.3 39.6 Mexico 41.4 40.3 40.9 40.5 69.7 70.3 70.6 70.7 54.9 55.0 54.7 54.4 Netherlands 58.7 59.4 60.9 61.3 81.6 81.9 82.2 82.1 60.1 60.5 61.2 61.7 New Zealand 51.3 53.4 53.9 53.5 81.9 81.8 82.2 81.7 76.0 76.8 75.7 75.6 Norway 49.7 50.4 50.3 50.3 84.0 83.5 83.1 83.3 72.4 73.3 72.2 72.3 Poland 25.6 25.9 25.9 26.0 78.7 79.1 79.4 79.3 42.7 43.1 43.5 43.7 Portugal 23.4 22.2 22.8 22.8 77.5 78.1 78.1 79.0 48.3 47.6 48.6 50.4 Slovak Republic 22.1 22.9 23.4 22.9 76.5 77.1 77.6 78.1 45.6 46.1 46.1 46.7 Slovenia 26.1 28.3 28.7 30.6 81.9 81.6 82.1 82.5 35.8 36.1 36.1 37.6 Spain 16.6 17.1 17.3 17.7 67.6 68.3 68.4 69.2 44.6 45.3 46.1 46.6 Sweden 43.4 43.1 43.9 43.3 85.6 85.3 85.4 85.6 73.9 73.9 74.4 74.3 Switzerland 60.9 64.2 60.7 60.4 86.9 87.7 87.5 87.3 71.3 72.6 73.3 72.6 Turkey 33.1 33.1 33.4 33.4 58.7 58.8 59.4 59.4 31.5 31.7 31.9 32.1 United Kingdom 48.3 48.7 49.6 49.6 82.2 82.3 82.4 82.3 61.0 61.3 61.6 61.8 United States 47.4 48.3 48.4 48.4 76.8 76.9 77.2 77.2 61.5 61.6 61.3 61.7