OECD jobless rate up in April

UNEMPLOYMENT rose in the world&rsquo;s biggest economies, according to the Organisation for Economic Cooperation and Development (OECD). The rate for the OECD area was 7.8 per cent in April, 2.2 percentage points higher on a year earlier. <br /><br />In the Eurozone, the rate of unemployment was 9.2 per cent in April, while the US saw unemployment rise to 9.4 per cent in May. Japan&rsquo;s unemployment rate increased to 5 per cent in April while the UK hit 6.9 per cent in February. Economists expect OECD unemployment to rise until the second half of 2010.