OECD unemployment rate at 5.2 pct in September

By Muhammed Ali Gurtas

ANKARA (AA) - The unemployment rate in the Organization for Economic Co-operation and Development (OECD) countries fell to 5.2 percent in September, the organization reported on Tuesday.

On a monthly basis, the OECD unemployment rate showed a 0.1 percentage point down, while the number of unemployed people totaled 33.1 million across the 36 member countries.

The highest figures were seen in Greece -- 19 percent in July, the latest month available -- and Spain with 14.9 percent, as the lowest figures were recorded in Czechia and Japan, 2.3 percent for both countries.

"The OECD unemployment rate for youth [people aged 15 to 24] remained stable at 11 percent in September, while the rate for people aged 25 and above declined by 0.1 percentage point to 4.5 percent," it said.

The organization also said the youth unemployment rate remained above 30 percent in Italy, Spain and Greece.