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OECD Jobless Rate Steady At 5.6%

The unemployment rate in the Organization for Economic Cooperation and Development area remained stable in November, data showed Tuesday.

The OECD said the jobless rate came in at 5.6 percent in November, the same rate as seen in October.

The jobless rate among youth aged below 24 increased to 11.9 percent from 11.8 percent in October.

In the euro area, the overall unemployment rate continued to decrease, to 8.7 percent in November. The jobless rate in Canada dropped to 5.9 percent and that in Japan slid to 2.7 percent.

The rate remained stable at 4.1 percent in the United States.

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