Unemployment Rates, OECD - Updated: April 2021 04/12/2021 | 06:21am EDT Send by mail : Message : Required fields Marginal fall in OECD unemployment rate in February 2021, to 6.7%, 1.4 percentage points above its pre-pandemic level 12 April 2021 - The OECD area unemployment rate declined in February 2021, to 6.7% (from 6.8% in January), remaining 1.4 percentage points above the level observed in February 2020, before the COVID-19 pandemic hit the labour market.[1] In February 2021, the unemployment rate was stable in the euro area, at 8.3% (1.0 percentage point above its pre-pandemic level). Latvia, with an increase of 0.2 percentage point (to 8.7%) and Slovenia with a decrease of 0.2 percentage point (to 4.9%) represented the largest changes in this area, while little movement was observed in other countries.