The research found that the UK employment rate in the UK has increased (Reuters)
The UK employment rate has strengthen as the combined major world economies still lag behind their pre-economic crisis high, according to the OECD.
The OECD Quarterly Employment Situation for the second financial quarter of 2013 revealed that the employment rate jumped to 70.5%, up from 70.4% on the previous quarter.
It also found that the employment rate across the OECD, including the UK, US, France and many other nations, hit 65.1% in Q2, up from 65% in Q1 but 1.4% below Q2 2008 - the quarter preceding the start of the global financial crisis.
The euro-area registered some unfavourable figures. Its employment rate fell in the Q2 2013 to 63.4%, down from 63.5% in Q1.
But the OECD argue that these findings mask divergent patterns across the major euro-area economies.
The employment rate in Italy, for instance, fell to 55.5% in Q2 and rose in Germany to 73.3% over the same time period [Fig 1].
Further afield, France posted a stable score of 64% in Q2 and other major countries saw their employment rate increase, including Japan (71.5%), Canada (72.6%), among others.
Like France, the US maintained a stable employment rate of 67.3% in Q2, whereas Greece saw the sharpest drop across the OECD to 49.2% in Q2, down from 49.7% in Q1.
Fig 1 (OECD chart: Employment rate across the major economies)
However, the troubled country's youth employment rate (relating to 15 to 24 year olds) remained stable at 11.6%.
This is a positive sign following news from the Greek Statistical Authority Elstat that the young jobless rate shot up to 55.1% in July 2013, up from 54.9% in July 2012 and an increase from 42.6% in July 2011.
The body, a separate organisation to the OECD, also found that the total amount of Greek people in unemployment was 27.6% in July, a hike from 25 % in July 2012.
The total number of employed citizens during July 2013 was estimated at 3,610,549, according to Elstat.
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