As of January 2025, the OECD unemployment rate holds steady at a record low of 4.8%, a mark first reached in March 2023. This stability follows an even distribution of rates across member countries, with some experiencing declines while others saw increases. Gender disparities are evident as women's unemployment rates exceed those of men in various regions, while youths face substantially higher unemployment than older workers. Meanwhile, the EU and euro area maintain their own records low rates amidst ongoing regional differences in employment.
The OECD unemployment rate remained stable at a record low of 4.8% in January 2025 with slight variations across member countries.
In January 2025, the OECD unemployment rate for women was 5.1% and for men was 4.6%, highlighting gender disparities across various regions.
The unemployment rate for younger workers (15-24 years) remained stable yet significantly higher than that for older workers, demonstrating a persistent gap.
The unemployment rate in the European Union and euro area stabilized at 5.8% and 6.2%, respectively, while disparities persisted across member states.
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