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Monthly Archives: May 2012

The rate of employment in OECD countries is still well below pre-crisis levels

The OECD area employment rate – defined as the proportion of people of working age (those aged 15 to 64) who have a job – was 64.9% in the fourth quarter of 2011, according to new quarterly labour market statistics from the OECD released this morning. This is 1.6 percentage points lower than the 66.5% recorded in the second quarter … Continue reading

Posted by Nigel Tree | Leave a comment

Global food prices are on the rise

Global food prices increased by 8% from December 2011 to March 2012, according to the World Bank Group’s Food Price Watch. This was due to higher oil prices, adverse weather conditions and a strong demand for food imports in Asia. The World Bank’s Global Food Price Index was only 1% below what it was a year ago and 6% below … Continue reading

Posted by Nigel Tree | Leave a comment