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Record Rise in OECD Unemployment Rate in April 2020
According to a statement published by the Organization for Economic Cooperation and Development (OECD) in June 2020, the unemployment rate increased by an unprecedented 2.9 percentage points in April 2020 to 8.4%, compared to 5.5% in March, reflecting the impact of Covid-19 containment measures. The number of unemployed people in the OECD area increased by 18.4 million to 55 million in April. The United States accounted for the main


