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The unemployment rate stagnated in the Organization for Economic Co-operation and Development

The unemployment rate stagnated in the Organization for Economic Co-operation and Development

On average, the unemployment rate was 4.8 percent in February in the Organization for Economic Co-operation and Development (OECD) countries, which means that the situation has not changed compared to January.

Photo: AFP

The organization also drew attention to the fact that in February, the number of unemployed decreased by 7,000 compared to January, to 33,197,000. According to data published on Friday, 5.1 percent of women and 4.6 percent of men were without work in February.

Among those ages 15 to 24, the unemployment rate fell from 10.8% in January to 10.7% by February.

While 4.1 percent of those over the age of 25 have increased the number of unemployed, similar to January.

In the eurozone, the unemployment rate stagnated at 6.6 percent, and in the European Union it fell from 6.1 percent to 6 percent in February. Unemployment rose in the United States from 3.4 percent to 3.6 percent in January, in Japan from 2.4 percent to 2.6 percent, in Turkey from 9.8 percent to 10 percent, and in Greece from 10.3 percent to 11.4 percent.

On the other hand, Australia witnessed a decrease in the number of unemployed, as the rate decreased from 3.7 percent to 3.5 percent, while in France it decreased from 7.1 percent to 7 percent, and in South Korea from 2.9 percent to 2.6 percent, In Spain, from 13 percent to 12.8 percent, the value of the index.

Unemployment remained at 2.9 percent in Germany and 5 percent in Canada.

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