These projections by the Organization for Economic Cooperation and Development indicate how the economies of some OECD member countries will fare next year, as measured by unemployment rate, according to the most recent OECD Economic Outlook, published May 29, 2013.
The unemployment rate of a country is the percentage of the total labor force that is unemployed and is actively hunting for a job and willing to work.
In the years following the recession, European countries were besieged by high unemployment rates that continue to climb higher. According to these OECD projections, this isn’t going to change anytime soon.
For example, Greece's unemployment hit a record high of 27 percent in February. According to OECD projections, that percentage will be even higher in 2014 -- 28.4 percent.
For the full list of OECD member countries, click here.
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