The OECD unemployment rate remained unchanged at 4.9% in December 2024, having been at or just below 5.0% throughout 2024.

• Compared with November, December unemployment rates were unchanged in 19 OECD countries, rose in 7, and declined in 6.
• Four OECD countries recorded a monthly unemployment rate below 3.0% including Israel at its record low (2.6%).
• However, the unemployment rate was 2.0 ppts or more above its record low in nine OECD countries.