OECD Unemployment Remains At 8.5%

The OECD unemployment rate stayed at 8.5% in September 2010 unchanged from August and it has been broadly the same since July. Recent figures from the US and Canada confirm this stability. The OECD level remains at a level close to post-war high levels though wide divergences exist at national levels. There were 0.6m fewer people unemployed than in September last year but 15.4m more than September 2007.