In the euro area, the unemployment rate was stable at 12.2%. This stability conceals diverging patterns across countries. In September, the unemployment rates increased by 0.1 percentage point in France (to 11.1%) and Italy (to 12.5%), reaching new peaks, while it decreased by 0.1 percentage point in Germany (to 5.2%), the lowest level since 1991.
Among other OECD countries, the unemployment rate rose in Mexico (by 0.1 percentage point to 5.0%), while it fell for, respectively, the third and second consecutive months in the United States (by 0.1 percentage point, to 7.2%) and in Canada (by 0.2 percentage point, to 6.9%). In September, unemployment rates also fell in Japan (by 0.1 percentage point, to 4.0%), Australia (by 0.2 percentage point, to 5.6%) and Korea (by 0.1 percentage point, to 3.0%). However, more recent data for October2013 show that the unemployment rate edged up to 7.3% in the United States while it reminded stable in Canada.
The OECD unemployment rate for youth decreased by 0.1 percentage point, to 16.0%, while it increased by 0.1 percentage point in the euro area, to 24.1%. The youth unemployment rates increased significantly in France (by 0.5 percentage point, to 26.1%), while remaining stable in Spain (56.5%) and Portugal (36.9%) and falling in Ireland (by 0.4 percentage point, to 28.0%).
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