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    Belgian rate of employment still below OECD average

    During the first quarter of 2016, the average rate of employment in OECD (Organisation for Economic Cooperation and Development) countries was 67.4%. This was in fact indicated on Monday by the OECD. In Belgium, the rate of employment was only 62.2%. Within the eurozone, the rate of employment increased by 0.2 percentage points to 65.9%.

    Belgium still comes towards the bottom of the rankings concerning its rate of employment. Only five OECD countries out of 35, have an even lower employment rate. These are Turkey (50.9%), Greece (52.7%), Italy (57.7%), Spain (60.4%) and Mexico (61.4%).

    Lars Andersen
    The Brussels Times