Slow rebound for jobs

The pandemic has left 22 million people out of work in industrial nations, with the young and low-skilled hurt most, according to the OECD, which forecasts the jobs market will not recover until the end of 2022


Unemployment rates	% of labour force	% of 15-24 year-olds

Japan 		2.8	4.3 
Germany		4.2	7.5
Czech Rep. 	2.6	7.5
Mexico 		4.4	8.4
Netherlands 	3.8	8.7
S. Korea 	3.9	9.2
U.S. 		8.1	9.3
Australia 	6.5	10.7
Norway 		3.7	11.5
Denmark 	5.7	11.6
Austria 	5.4	12.6
UK 		4.5	13.2
Poland 		3.2	13.5
OECD 		7.2	13.6
Finland 	7.7	15.7
Canada 		9.6	15.9
Ireland 	5.7	18.1
Belgium 	5.6	19.0
France 		8.0	19.2
Portugal 	7.1	24.4
Sweden 		8.3	25.8
Italy 		9.3	31.7
Spain 		15.5	36.9
Greece		16.4	38.2

 
Jobs lost 2019-20 in OECD area
8 million

Additional people classed as inactive in labour market
14 million

22 million
         
         
Sources: Bloomberg, OECD 
Picture: Getty Images 
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