Unemployment rate falling_2
7 September 2012
The overall unemployment rate across member countries of the Organisation for Economic Co-operation and Development (OECD) fell to 7.1 per cent in August 2003.
According to the OECD’s monthly figures, the standardised unemployment rate for the United Kingdom stood at 5 per cent in August – 0.1 percentage points lower than this time last year. Italy’s unemployment rate fell to 8.5 per cent – 0.5 percentage points lower than the previous year and in Japan unemployment stood at 5.1 per cent, 0.4 points lower than the previous...