Tue, 11 Sep 2012 14:32:45 GMT
OECD jobless rate climbs in July
OECD area's unemployment rate rose slightly in July, following a cut of a modest fall in the preceding month. The jobless rate surged to 8% from 7.9% in June. On yearly basis, the rate was stable. July data shows 47.9 million unemployed people in the OECD, with Spain posting a rate of 25.1%, Eurozone 11.3%, U.S. 8.3% and Japan 4.3%.