The OECD unemployment rate remained at a record low level in January.

The Organisation for Economic Co-operation and Development (OECD) reported that the unemployment rate in member countries stood at 4.8% in January, maintaining its historically low levels. This rate first reached this level in March 2023 and has generally remained close to it since then. The total number of unemployed individuals in OECD countries was recorded at 34 million in January, showing a slight decrease from the previous month. While the unemployment rate remained unchanged in 19 OECD countries compared to December, it declined in 11 countries and rose in 3, indicating stability in the labor market across the OECD.

In January, the unemployment rate for women in OECD countries was 5.1%, compared to 4.6% for men. These figures remained stable overall compared to December, but the gender gap was more pronounced in some countries. Countries with the largest gender disparity included Spain, Greece, Turkey, and Colombia, where women's unemployment rates were higher than men's. Despite the low overall unemployment rate, sectoral and regional variations were evident, particularly in the recovery of the service sector and industrial production, which are crucial for supporting labor demand. The OECD predicts that this stability in the unemployment rate may continue in the coming months.