US unemployment reaches 10.2 percent

October quarter data shows that US unemployment rose from 9.8 to 10.2 percent. This is apparently a bigger jump than was predicted.

Meantime NZ unemployment climbed from 6 to 6.5 percent for the September quarter.

The OECD average is 8.6 percent. NZ ranks 10th and the US 25th.

The full list;

Norway 3.0
Netherlands 3.5
Korea 3.8
Switzerland 4.1
Austria 4.7
Japan 5.5
Australia 5.7
Denmark 5.9
Mexico 5.9
New Zealand 6.5
Luxembourg 6.6
Czech Republic 6.9
Iceland 7.0
Italy 7.4
Germany 7.7
United Kingdom 7.8
Belgium 7.9
Poland 8.0
Canada 8.4
OECD – Total 8.6
Finland 8.7
Portugal 9.1
Greece 9.2
Sweden 9.4
Hungary 9.6
United States 9.8
France 9.9
Slovak Republic 11.6
Turkey 12.3
Ireland 12.5
Spain 18.9