Unemployment in the Organization for Economic Cooperation and Development (OECD) area remained unchanged for the third consecutive month in February, latest data showed.
The unemployment rate remained steady at 8.2 percent in February. The figure has remained unchanged since November 2011.
The jobless rate in the European Union edged up to 10.2 percent in February from 10.1 percent in January, while in the Eurozone it rose to 10.8 percent from 10.7 percent.
In the United States, the unemployment rate was 8.3 percent in February, unchanged from the previous month. In Germany, the unemployment remained unchanged at 5.7 percent for the the fourth month in a row.
In France, the jobless rate held steady at 10 percent during the month. Meanwhile, Japan's jobless rate dropped to 4.5 percent in February from 4.6 percent in January.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.