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 2019 was 3.8%. This was slightly above the rate of the US (3.6%), below that of France (8.6%) but above that of Germany (3.1%). The UK rate was the 12th lowest of the 36 OECD member countries.
The unemployment rate for the Eurozone fell by 0.1% to 7.5% in Q4 2019, and in the G7 stayed at 4.2%.
Most 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 2019 (16.9%) followed by Spain at 14.3%.
The Czech Republic had the lowest unemployment rate in the OECD at 2.1%.
Youth (aged 15-24) unemployment is a major issue in many developed economies at present. In Q3 2019 youth unemployment was 34.2% in Greece, 32.6% in Spain, 28.6% in Italy and 26.6% in Turkey. UK youth unemployment stood at 11.7%.
Commons Briefing papers SN02800
Author: Andy Powell