{"id":477257,"date":"2023-12-14T08:57:04","date_gmt":"2023-12-14T13:57:04","guid":{"rendered":"https:\/\/www.investmentexecutive.com\/?p=477257"},"modified":"2023-12-14T08:57:04","modified_gmt":"2023-12-14T13:57:04","slug":"jobless-rate-stable-in-october-oecd","status":"publish","type":"post","link":"https:\/\/www.investmentexecutive.com\/news\/research-and-markets\/jobless-rate-stable-in-october-oecd\/","title":{"rendered":"Jobless rate stable in October: OECD"},"content":{"rendered":"<p>The unemployment rate remained stable in October, according to the Organisation for Economic Cooperation and Development (OECD).<\/p>\n<p>The Paris-based group reported that the jobless rate came in at 4.9% for October. The rate rose in 14 countries, dropped in 10 countries and stayed flat in nine others.<\/p>\n<p>Unemployment rates were stable or rose slightly in Canada, the U.S. and Australia, it said \u2014 but more recent data showed that the jobless rate rose to 5.8% in Canada for November and decreased to 3.7% in the U.S.<\/p>\n<p>In the Euro area, the unemployment rate has been stable at 6.5% since February 2023, the OECD said.<\/p>\n<p>&#8220;In October, it was stable or increased slightly in 12 of the 17 OECD Euro area countries,&#8221; it said, while it declined in Austria, Lithuania and Greece.<\/p>\n<p>For the OECD area overall, the unemployment rate has been below the 5.0% mark since July 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unemployment has since increased in Canada, but declined in the U.S. <\/p>\n","protected":false},"author":147314,"featured_media":474367,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2313,2312],"tags":[2657,2395,3859,2505],"yst_prominent_words":[10049,81440,41463,27554,26074,22675,20973,20810,20618,14319,11433,10051,1695,8912,2171,2116],"acf":[],"_links":{"self":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/477257"}],"collection":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/users\/147314"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/comments?post=477257"}],"version-history":[{"count":4,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/477257\/revisions"}],"predecessor-version":[{"id":477279,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/477257\/revisions\/477279"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/media\/474367"}],"wp:attachment":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/media?parent=477257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/categories?post=477257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/tags?post=477257"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/yst_prominent_words?post=477257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}