Connect with us

Hi, what are you looking for?

Economy

Unemployment is declining in OECD countries

Unemployment is declining in OECD countries

the Organization for Economic Cooperation and Development (Economic Cooperation Organization countries The unemployment rate averaged 4.9 percent in Aprilwhich was the same as in March, reads the Paris-based organization On his website.

The rate has been below 5 percent for two years, since April 2022. In April this year, unemployment rates remained stagnant in 25 OECD countries, falling in four and increasing in three. Compared to March, the number of unemployed decreased by 132,000 to 34,89,000 in April.

The unemployment rate among women fell to 5.1 percent from 5.2 percent in March, while it remained at 4.7 percent among men. In the case of young people (those aged 15 to 24 years), the rate fell to 10.8 percent compared to 10.9 percent in March.

The number of unemployed in OECD countries fell for the third year from last year, reaching an average of 33.23 million, the lowest since data was collected in 2001. In 2022, the average number of unemployed will reach 33.96 million. The unemployment rate reached 4.8 percent last year after it was 5 percent the previous year.

Last year, average unemployment among women fell to 5 percent from 5.3 percent in 2022, and among men it fell from 4.8 percent to 4.7 percent. The average unemployment rate among young people (ages 15 to 24) fell to 10.6 percent last year from 10.9 percent in 2022.

See also  You can also apply for immigration clearance to the United States using the mobile application
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Top News

In a harrowing incident that has shaken the community of Lewiston, Maine, a series of shootings on Wednesday evening resulted in a tragic loss...

Top News

President Joe Biden’s abrupt departure from a speech on the U.S. economy at the White House on Monday sent a ripple of speculation and...

World

Chinese scientists have discovered a little-known type of ore containing a rare earth metal highly sought after for its superconducting properties. The ore, called...

Top News

Given the differences in styles with next-generation consoles, the so-called “console war” between Sony and Microsoft is arguably moot. Most console players, however, will...

Copyright © 2024 Campus Lately.