touches record high employment rate OECD; 0.3% fall in Mexico – 24-hours

PHOTO:. Cuartoscuro

Paris rate employment of the countries of the Organization for Economic Cooperation and Development (OECD) it stood at 66.8% in the first quarter of 2016, representing its record high since the first quarter of 2005, when

as reported by the institution, the employment rate, which measures the percentage of people employed relative to the total population of working age, grew 0.3 percentage points in the first quarter of 2016 on the previous and accumulated twelve consecutive quarters upwards, ie for three years.

Specifically, the first quarter of 2016 closed with a total of 550 million people employed aged between 15 and 64 years, according to data of the organization.

the employment rate also 0.4 points increased in the United States (until 69.3%) and Japan (74%), while advanced 0.1 points in Canada (72.5%) and the UK (73.3%); however, in the same period fell by 0.3 points in Mexico to 60.9% , added the OECD .

among its member countries “the most significant increase” was recorded in Hungary (+0.8 percentage points to stand at 65.6%), the Czech Republic (+0.7 points to 71.4%), Slovakia (+ 0.7 points to 64.2%), Poland (+0.6 points and 64.2%) and Turkey (+0.6 points to 51%).

among young people aged between 15 and 24 years, progress quarterly was 0.2 percentage points to stand at a rate of 40.7% and remained stable in the euro zone, at 30.8%.

in the euro zone, the overall employment rate between January and March 2016 stood at 65.1%, representing an increase of 0.4 percentage points and continuity of ten months in the same path.