You are here:

House of Commons Library

Unemployment - International Comparisons: Key Economic Indicators

Published Tuesday, January 15, 2019

Unemployment: International Comparisons: Data on harmonised unemployment rates for major international economies.

Jump to full report >>

The OECD produces harmonised unemployment rates for OECD members based on the ILO definition of unemployment.


The UK harmonised unemployment rate for Q3 2018 was 4.1%. This was slightly above the rate of the US (3.8%), below that of France (9.0%) but above that of Germany (3.4%). The UK rate was the 13th lowest of the 36 OECD member countries.

The unemployment rate for the Eurozone fell to 8.0% in Q3 2018 from 8.3% in Q2 2018, and fell for the G7 from 4.6% to 4.5%.

The majority of the OECD countries have seen a fall in the unemployment rate over the last year.

Greece had the highest unemployment rate out of the OECD member states for Q3 2018 (18.9%) followed by Spain at 15.0%.

The Czech Republic had the lowest unemployment rate in the OECD for Q2 2018 at 2.3%.

Youth (aged 15-24) unemployment is a major issue in many developed economies at present. In Q3 2018 youth unemployment was 37.4% in Greece, 34.4% in Spain and 31.9% in Italy. UK youth unemployment stood at 11.2%.

Commons Briefing papers SN02800

Author: Andy Powell

Topics: Economic situation, International economic relations, Unemployment

Share this page

Stay up to date

  • Subscribe to RSS feed Subscribe to Email alerts Commons Briefing papers

House of Commons Library

The House of Commons Library provides research, analysis and information services for MPs and their staff.