ANKARA – The jobless rate in the Organization for Economic Cooperation and Development (OECD) area remained at a record low of 4.8 percent in February, the international group said on Thursday.
The number of unemployed people was broadly stable compared to a month earlier, 33.2 million in the OECD area, according to the Paris-based organization.
The OECD unemployment rates for women and men were unchanged at 5.1 percent and 4.6 percent, respectively.
The youth unemployment rate for people aged 15-24 fell to 10.7 percent in February compared to a month earlier.
The jobless rate was stable or declined in more than 70 percent of OECD countries, but was close to its lowest level in only seven countries, including Canada (5%), France (7%), and Germany (2.9%).
The figure dropped slightly to 3.5 percent in the United States.
In February, the jobless rate in the euro area was also at a record low of 6.6 percent. (Anadolu)
