OECD unemployment rate slips to 7.7% in July

By MG News | September 09, 2020 at 06:30 PM GMT+05:00
Sep 09, 2020: The unemployment rate in Organization for Economic Co-operation and Development countries dropped to 7.7% in July, the OECD said on Wednesday.
The figure fell from 8.0% in June, but was still 2.5 percentage points above the rate in February, before the coronavirus pandemic hit labor markets.
The unemployment rate in the euro area rose for the fourth consecutive month, to 7.9% in July, from 7.7% in the previous month.
In Japan, the jobless rate rose slightly to 2.9% from 2.8% in June, and is now 0.5 percentage point higher than in February.
Despite dropping on a monthly basis in July due to continued declines in the number of people on temporary layoff, unemployment rates in Canada and the US remained higher than pre-pandemic levels.
The figures in Canada and the US fell by 1.4 and 0.9 percentage points respectively, to 10.9% and 10.2%.
AA/APP
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 131,949.07 198.95M |
0.97% 1262.41 |
ALLSHR | 82,069.26 730.83M |
0.94% 764.01 |
KSE30 | 40,387.76 80.88M |
1.11% 442.31 |
KMI30 | 191,376.82 77.76M |
0.36% 678.77 |
KMIALLSHR | 55,193.97 350.11M |
0.22% 119.82 |
BKTi | 35,828.25 28.42M |
3.64% 1259.85 |
OGTi | 28,446.34 6.84M |
-1.02% -293.01 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 108,125.00 | 110,525.00 107,865.00 |
-2290.00 -2.07% |
BRENT CRUDE | 68.51 | 68.89 67.75 |
-0.29 -0.42% |
RICHARDS BAY COAL MONTHLY | 97.50 | 0.00 0.00 |
0.75 0.78% |
ROTTERDAM COAL MONTHLY | 106.00 | 106.00 105.85 |
-2.20 -2.03% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
CRUDE OIL - WTI | 66.50 | 67.18 66.04 |
-0.50 -0.75% |
SUGAR #11 WORLD | 16.37 | 16.40 15.44 |
0.79 5.07% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
Name | Last | Chg/%Chg |
---|
Name | Last | Chg/%Chg |
---|