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Unemployment in OECD states still above pre-2008 levels

Some 42m are jobless across the OECD, down from 45m last year, says report

WAITING FOR A JOB: The report said that more than one in three job-seekers in the OECD have been out of work for a year or more, which works out to 15.7 million people.


UNEMPLOYMENT among the advanced-economy members of the Organisation for Economic Cooperation and Development (OECD) continues to decline, though it is still well above the levels before the global financial crisis of 2008.

In a new report, the OECD noted that around 42