Unemployment Rates Maintain Consistency Staying Below 5% for the Consecutive Month
By Juan Sanchez Gil
In a remarkable demonstration of economic resilience, the unemployment rate among countries in the Organisation for Economic Co-operation and Development (OECD) remained steady at 4.8% in July 2023. This marks the month in a row that the rate has stayed below the threshold of 5% according to recent data. Although the rate increased in 15 OECD countries, including Denmark, Lithuania and Austria it remained unchanged in nine others. Decreased in another nine. It is worth noting that unemployment rates reached record lows or were close to them in five countries, such as Germany and the United States. The total number
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