The OECD notes that Canada's unemployment rate in May was 6.9 per cent — improved from a recessionary high at 8.6 per cent in the third quarter of 2009, but still one percentage point worse than before the downturn. "After falling during 2010-14, the unemployment rate has edged back up as energy-producing provinces experienced rising unemployment due to the drop in commodity prices. However, the unemployment rate is projected to slowly continue to decrease in 2017," the report says. "While real wages in Canada (adjusting for inflation) have grown faster than the OECD average since the crisis, real wage growth was moderately slower during 2008-2015 than it had been during 2000-2007." OECD Secretary-General Angel Gurria called on member governments — which include Canada and the United States — to adopt policies that will kick-start wage growth and productivity. "The job of healing the employment market is only half done: back at work, but out of pocket," Gurria said in a statement.
"The job of healing the employment market is only half done: back at work, but out of pocket."
— OECD Secretary-General Angel Gurria
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