Paris, 19 January 2015
OECD Quarterly Employment Situation News Release: 3
rdQuarter 2014
1
OECD employment rate increases to 65.7% in third quarter of 2014
The OECD area employment rate – defined as the share of people of working-age who are in employment – increased by 0.1 percentage point to 65.7% in the third quarter of 2014. The OECD employment rate is 0.5 percentage point higher than one year before, but still 0.8 percentage point below its level in the second quarter of 2008.
In the third quarter of 2014, the employment rate increased by 0.1 percentage point in the Euro area (to 64.0%), the fourth consecutive increase, with the largest rises in Portugal (up 0.6 percentage point to 63.0%), Greece (up 0.5 percentage point to 49.7%), Ireland (up 0.5 percentage point to 61.9%), the Slovak Republic (up 0.3 percentage point to 61.0%), Germany (up 0.3 percentage point to 74.0%) and the Netherlands (up 0.3 percentage point to 73.9%).
The employment rate also rose in Japan (up 0.2 percentage point to 72.8%, the tenth consecutive increase), the United Kingdom (up 0.1 percentage point to 72.0%, the sixth consecutive increase), the United States (up 0.1 percentage point to 68.2%, the highest level since the first quarter of 2009), and Canada (up 0.1 percentage point to 72.3%, after two quarters of decrease).
Compared with the second quarter of 2014, the OECD youth employment rate (among 15-24 year-olds) was stable in the third quarter of 2014, (at 39.7%, after 3 quarters of increase), while the OECD employment rate increased for workers aged 25-54 (by 0.1 percentage point to 76.0%) and for workers aged 55-64 (by 0.2 percentage point to 57.5%). The OECD employment rate for men increased more rapidly (up 0.2 percentage point to 73.7%) than for women (up 0.1 percentage point to 57.9%).
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-April 2015
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
* Note: statistical breaks for Japan in Q1-2011 and Q3-2011
0.0 0.2 0.4 0.6 0.8 1.0 1.2
All persons Women Men Youth Prime-age workers Older
workers
Change in employment rates Percentage points
Q3 2013 to Q3 2014 Q2 2014 to Q3 2014
Paris, 19 January 2015
OECD Quarterly Employment Situation News Release: 3
rdQuarter 2014
2
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
2010 2011 2012 2013 2008 2013 2014 Thousands
Q2 Q2 Q3 Q4 Q1 Q2 Q3 Q3 - 2014
OECD - Total 64.5 64.8 65.0 65.2 66.5 65.1 65.2 65.3 65.6 65.6 65.7 537,405 Major Seven 67.3 67.5 67.7 68.0 69.6 68.0 68.1 68.2 68.4 68.6 68.7 328,350 European Union 64.0 64.2 64.1 64.1 65.8 64.0 64.1 64.3 64.6 64.8 65.1 213,425 Euro area 64.1 64.3 63.8 63.5 65.9 63.5 63.5 63.6 63.7 63.9 64.0 137,882
Australia 72.4 72.7 72.4 72.0 73.3 72.2 71.9 71.7 71.6 71.6 71.6 11,183 Austria 71.7 72.1 72.5 72.3 72.2 72.4 72.4 72.4 72.5 72.7 72.6 4,128 Belgium 62.0 61.9 61.8 61.8 62.2 62.0 62.2 61.5 61.8 61.8 61.9 4,501 Canada 71.5 72.0 72.2 72.5 73.7 72.6 72.4 72.4 72.3 72.2 72.3 17,190 Chile 59.3 61.3 61.8 62.3 57.2 62.3 62.3 62.5 62.1 62.3 62.2 7,401 Czech Republic 65.0 65.7 66.6 67.7 66.6 67.8 67.8 68.1 68.4 68.7 69.1 4,891 Denmark 73.4 73.2 72.6 72.6 78.1 72.8 72.3 72.3 72.1 72.5 73.0 2,653 Estonia 61.3 65.3 67.2 68.5 70.0 69.2 68.5 68.2 67.8 70.1 70.0 600 Finland 68.2 69.0 69.4 68.9 71.2 69.1 68.9 68.6 68.8 68.9 68.7 2,385 France1 63.9 63.9 63.9 64.1 64.8 64.0 64.2 64.2 64.2 64.2 64.1 25,458 Germany 71.1 72.7 73.0 73.5 69.8 73.5 73.6 73.7 73.6 73.7 74.0 38,946 Greece 59.1 55.1 50.8 48.8 61.6 48.8 48.6 48.6 49.0 49.2 49.7 3,504 Hungary 55.4 55.8 57.2 58.5 56.5 58.3 58.7 59.4 61.7 61.7 62.3 4,113 Iceland 78.2 78.5 79.7 81.1 84.4 80.8 81.8 81.7 80.8 82.1 81.4 168 Ireland 59.7 58.9 58.9 60.5 68.3 60.1 60.7 61.2 61.3 61.4 61.9 1,859 Israel 60.2 60.9 66.5 67.1 59.9 66.8 67.3 67.2 67.9 67.7 67.8 3,411 Italy 56.9 57.0 56.8 55.6 58.8 55.6 55.4 55.5 55.6 55.6 55.7 21,998 Japan 70.6 71.1 70.6 71.7 70.9 71.5 71.8 72.2 72.4 72.6 72.8 56,713 Korea 63.3 63.8 64.2 64.4 63.9 64.3 64.6 64.9 65.4 65.1 65.4 23,650 Luxembourg 65.2 64.6 65.9 65.7 64.3 65.7 65.8 65.9 66.5 66.9 65.9 239 Mexico 59.7 60.0 60.9 60.8 61.2 61.0 60.7 61.3 60.9 60.4 60.2 46,952 Netherlands 74.7 74.9 75.1 74.3 77.1 74.4 74.1 74.0 73.7 73.6 73.9 8,116 New Zealand 72.3 72.6 72.2 73.1 75.0 72.7 73.3 73.8 74.5 74.4 74.6 2,216 Norway 75.3 75.3 75.8 75.4 78.1 75.3 75.4 75.3 75.2 75.4 75.1 2,538 Poland 59.0 59.3 59.7 60.0 59.0 59.9 60.1 60.5 61.0 61.4 62.0 15,639 Portugal 65.3 63.8 61.4 60.6 68.3 60.2 60.8 61.7 62.0 62.4 63.0 4,260 Slovak Republic 58.8 59.3 59.7 59.9 61.9 59.8 59.8 59.9 60.4 60.7 61.0 2,349 Slovenia 66.2 64.4 64.1 63.3 68.2 62.8 63.7 63.3 63.4 64.3 63.9 891 Spain 58.9 58.0 55.8 54.8 65.1 54.6 54.7 55.1 55.3 55.8 56.0 17,240 Sweden 72.2 73.6 73.8 74.4 74.4 74.3 74.5 74.7 74.6 74.8 75.2 4,617 Switzerland 78.6 79.4 79.4 79.6 79.5 79.4 79.3 80.2 79.0 79.7 79.7 4,361 Turkey2 46.3 48.4 48.9 49.5 45.1 49.7 49.3 49.3 49.9 49.6 49.2 25,189 United Kingdom 69.5 69.5 70.1 70.5 71.8 70.3 70.6 71.0 71.5 71.9 72.0 29,593 United States 66.7 66.6 67.1 67.4 71.2 67.3 67.4 67.4 67.8 68.1 68.2 138,451
1Statistical break in Q4-2012 for France, following the introduction of a revised labour force survey questionnaire (from 1 January 2013 onwards). European Union and Euro area aggregates are also affected, and, to a lesser extent OECD-Total and Major seven aggregates.
2Following the changes introduced in the Labour Force Survey for Turkey, data from the first quarter of 2014 are not comparable with previous data.
Paris, 19 January 2015
OECD Quarterly Employment Situation News Release: 3
rdQuarter 2014
3
Table 2: OECD employment rates (15-64) by gender
Employment as a percentage of corresponding working age population, seasonally adjusted
Women Men
2013 2013 2014 2013 2013 2014
Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3
OECD - Total 57.4 57.5 57.6 57.8 57.8 57.9 73.1 73.0 73.2 73.5 73.5 73.7 Major Seven 62.3 62.4 62.5 62.7 62.9 62.9 73.9 73.9 74.0 74.2 74.4 74.6 European Union 58.8 58.9 59.1 59.3 59.5 59.8 69.4 69.4 69.6 69.9 70.1 70.4 Euro area 58.3 58.3 58.4 58.6 58.7 58.8 68.8 68.7 68.8 68.9 69.0 69.2
Australia 66.4 66.3 66.3 66.1 66.2 66.1 77.6 77.5 77.2 77.1 77.1 77.2 Austria 67.6 67.8 67.7 67.8 68.4 68.0 77.1 77.1 77.1 77.2 77.2 77.1 Belgium 57.2 58.1 57.0 57.3 58.1 58.3 66.4 66.3 65.9 66.2 65.5 65.5 Canada 69.6 69.6 69.5 69.3 69.3 69.2 75.4 75.3 75.3 75.4 75.1 75.3 Chile 51.0 50.8 51.2 51.5 51.5 52.0 73.8 73.9 73.8 72.8 73.1 72.4 Czech Republic 59.6 59.7 60.0 60.2 60.2 60.8 75.7 75.8 76.0 76.5 76.9 77.3 Denmark 70.1 70.3 69.8 69.0 69.2 69.7 75.0 74.2 74.9 75.1 75.7 76.2 Estonia 65.7 65.5 66.0 64.3 66.5 67.5 71.4 71.6 70.5 71.4 73.7 72.5 Finland 67.8 67.7 67.6 67.7 68.2 68.5 69.9 70.1 69.6 69.8 69.6 68.9 France 60.4 60.5 60.7 61.0 60.9 60.7 67.9 67.9 67.8 67.6 67.6 67.6 Germany 69.0 69.2 69.2 69.1 69.4 69.7 78.0 77.9 78.1 78.1 77.8 78.2 Greece 39.9 39.7 39.8 40.4 40.8 41.4 57.9 57.7 57.7 57.8 57.8 58.2 Hungary 52.8 52.8 53.7 55.5 55.8 56.2 64.3 64.7 65.3 68.1 67.8 68.6 Iceland 79.0 79.8 79.6 77.8 79.3 79.8 83.2 83.7 83.7 83.8 84.9 82.9 Ireland 55.9 56.2 56.3 56.4 56.1 56.7 65.1 65.3 66.2 66.3 66.7 67.2 Israel 63.0 63.3 63.0 64.3 64.0 64.4 71.2 71.4 71.5 71.6 71.4 71.2 Italy 46.5 46.4 46.5 46.6 46.6 46.9 64.8 64.5 64.7 64.7 64.8 64.7 Japan 62.5 62.5 63.2 63.2 63.4 63.8 80.8 80.9 81.1 81.5 81.6 81.6 Korea 53.9 54.1 54.4 54.9 54.6 55.0 74.9 75.0 75.4 75.8 75.4 75.7 Luxembourg 59.1 58.4 58.9 61.3 60.3 59.2 72.2 73.0 72.7 71.6 73.3 72.4 Mexico 45.0 45.0 45.3 44.8 44.3 44.0 78.3 77.9 78.7 78.5 77.9 77.8 Netherlands 69.9 69.8 69.5 68.9 68.7 69.1 78.7 78.3 78.4 78.6 78.5 78.6 New Zealand 67.9 68.0 68.5 69.4 68.6 69.2 78.5 78.8 79.3 79.8 80.3 80.1 Norway 73.5 73.6 73.5 73.2 73.5 73.1 77.3 77.2 77.1 77.1 77.1 77.0 Poland 53.4 53.6 54.0 54.6 55.0 55.4 66.6 66.7 66.9 67.5 67.9 68.6 Portugal 57.9 58.2 58.9 59.2 59.4 59.9 63.5 63.5 64.6 65.0 65.7 66.3 Slovak Republic 53.3 53.4 53.7 54.1 54.2 54.2 66.4 66.3 66.1 66.7 67.2 67.8 Slovenia 59.2 59.5 59.3 59.7 60.3 60.0 67.1 67.6 67.0 66.8 68.0 67.4 Spain 50.3 50.2 50.5 50.9 51.1 50.9 59.2 59.1 59.6 59.7 60.5 61.0 Sweden 72.5 72.3 72.8 72.8 73.1 73.7 76.3 76.5 76.5 76.4 76.5 76.6 Switzerland 74.4 74.1 75.1 74.1 75.1 74.7 84.7 84.5 85.2 83.9 84.2 84.6 Turkey1 29.7 29.5 29.5 29.5 29.3 29.4 69.5 69.1 69.2 70.3 69.9 68.9 United Kingdom 65.8 65.7 66.1 66.6 66.9 67.1 75.4 75.6 75.9 76.4 76.9 77.0 United States 62.3 62.6 62.4 62.9 63.0 62.9 72.6 72.4 72.6 72.9 73.3 73.6
1Following the changes introduced in the Labour Force Survey for Turkey, data from the first quarter of 2014 are not comparable with previous data.
Paris, 19 January 2015
OECD Quarterly Employment Situation News Release: 3
rdQuarter 2014
4
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)
2013 2014 2013 2014 2013 2014
Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
OECD - Total 39.3 39.6 39.7 39.7 75.8 75.9 75.9 76.0 56.7 56.9 57.3 57.5 Major Seven 42.5 42.5 42.8 42.9 78.2 78.4 78.5 78.6 59.8 60.2 60.6 60.8 European Union 32.2 32.3 32.5 32.6 76.9 77.3 77.4 77.6 50.9 51.3 51.6 52.1 Euro area 30.9 30.8 30.7 30.8 75.8 76.0 76.0 76.1 50.7 51.1 51.6 52.0
Australia 58.0 58.0 57.7 57.6 78.9 79.0 79.0 78.6 61.1 61.0 61.5 62.1 Austria 53.5 53.6 53.9 53.3 84.8 84.9 84.9 84.6 46.1 45.9 47.3 47.9 Belgium 22.5 22.5 22.7 24.2 78.8 79.5 79.0 78.8 41.7 41.1 43.6 42.4 Canada 54.8 54.9 55.2 55.8 81.5 81.4 80.9 80.9 60.2 60.4 60.9 60.5 Chile 30.3 30.3 29.9 30.0 75.2 74.8 75.0 74.8 65.1 64.7 64.5 63.8 Czech Republic 25.6 26.3 26.8 27.1 83.7 83.6 83.6 83.8 52.5 52.9 53.7 54.5 Denmark 53.2 52.3 51.8 54.1 81.7 81.3 82.3 82.1 62.0 61.9 62.9 63.8 Estonia 31.5 32.5 33.3 33.3 81.1 80.2 81.3 80.3 61.1 59.7 63.2 66.4 Finland 42.0 41.3 41.6 41.3 80.5 80.7 80.7 80.6 58.5 59.1 59.1 58.7 France 28.5 28.4 28.3 27.8 80.9 80.7 80.6 80.4 45.8 46.3 46.8 47.1 Germany 46.6 45.9 45.7 46.2 83.4 83.4 83.5 83.6 64.5 65.1 65.4 66.0 Greece 12.2 12.3 13.5 14.0 61.0 61.8 62.1 62.7 35.0 35.0 33.9 33.7 Hungary 20.6 23.3 23.4 23.0 76.7 78.4 78.5 79.2 39.4 40.8 41.5 42.7 Iceland 71.7 70.1 70.3 68.5 84.8 83.9 85.4 84.9 81.3 82.1 84.4 83.7 Ireland 28.8 28.4 28.0 28.0 72.1 72.0 72.1 72.5 52.9 52.5 52.4 53.5 Israel 77.3 78.3 78.1 78.0 64.5 66.0 64.9 64.4 Italy 15.5 15.2 15.8 16.0 68.1 67.9 67.8 67.6 44.1 45.2 45.9 46.6 Japan 40.0 40.3 40.0 40.6 81.8 81.9 82.1 82.1 67.5 68.1 68.5 68.8 Korea 24.8 25.5 25.3 26.2 75.4 75.8 75.5 75.7 65.0 65.6 65.5 65.6 Luxembourg 23.6 24.2 21.2 19.1 82.6 83.2 83.6 83.6 39.4 40.5 42.8 42.5 Mexico 42.0 42.0 41.4 41.4 71.0 70.5 70.0 69.7 55.7 55.0 54.9 54.7 Netherlands 61.7 60.9 60.6 61.0 81.8 81.9 81.7 81.9 60.7 60.0 60.5 61.0 New Zealand 51.3 52.1 52.2 52.1 81.6 81.9 81.6 82.1 74.8 76.1 76.0 76.0 Norway 50.9 50.1 50.3 49.5 84.1 83.9 84.4 84.1 70.8 71.5 71.6 72.3 Poland 24.4 25.6 26.0 25.6 77.4 77.9 78.0 78.7 41.5 41.8 42.1 42.8 Portugal 22.4 21.9 21.2 23.8 75.8 76.3 77.4 77.6 47.8 47.5 47.8 48.4 Slovak Republic 19.8 20.9 21.2 22.1 76.1 76.8 76.7 76.5 43.9 43.1 44.2 45.6 Slovenia 25.7 25.7 27.3 25.8 81.8 82.0 82.3 81.9 33.8 33.8 36.1 35.8 Spain 16.8 16.7 16.7 16.3 66.2 66.5 67.2 67.6 43.7 43.5 43.9 44.5 Sweden 42.5 42.7 42.5 43.5 85.2 85.2 85.3 85.6 74.2 73.9 74.3 73.9 Switzerland 62.9 60.5 61.0 60.9 87.0 86.1 86.9 86.9 71.8 71.1 71.2 71.3 Turkey1 31.1 34.5 34.1 33.0 59.1 59.0 58.8 58.7 31.4 31.0 31.5 31.4 United Kingdom 46.7 47.2 48.2 48.1 81.1 81.8 82.0 82.2 60.6 60.9 60.8 60.9 United States 46.8 46.9 47.5 47.4 76.0 76.4 76.6 76.8 60.6 60.9 61.3 61.5
1Following the changes introduced in the Labour Force Survey for Turkey, data from the first quarter of 2014 are not comparable with previous data.
