Organization for Economic Co-Operation and Development: Unemployment Rate

unemployment rate: PARIS Unemployment rates in Canada and the United States will fall significantly by the end of next year but the overall rate among some of the worlds advanced economies will remain high, the OECD forecasts in a report issued Tuesday, according to The Chronicle Herald. In Canada, which weathered the latest recession better than many other advanced countries, the unemployment rate was 7.1 per cent in the first quarter of this year and is projected to fall to 6.7 per cent by the end of 2014 and For the 34-country Organization for Economic Co-operation and Development, overall unemployment is projected to fall slightly next year to 7.8 per cent from eight per cent. (www.immigrantscanada.com). As reported in the news.