In a time that unemployment rate in Euro Zone is reaching 10% and at the United States is above the 10% already, there are two countries that have a rate below 5%.
Holand was the country that showed the lowest unemployment rate between the thirty countries that belong to OCDE, with 3,7% in October.
The unemployment rate in Austria maintained at 4,7%, which happens by the fourth consecutive month.
This two countries are champions in what concerns job market evolution, because, combined unemployment rate for OCDE countries raised to 8,8%.
Out of Europe, South Korea has a unemployment rate below 5% too, with 3,4%.
In 2007 European Comission pointed countries with good employment practices and policies. Holland and Austria were between them. Denmark was another one.
Here are the results in a global market crisis. All politicians should look at the good examples and make us happy.
In my opinion, in a competitive world like today there must be a flexible job market to help companies facing drastic demand changes but every state cannot never forget efficient social protection policies.
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