OECD Unemployment Rates: March 2025
The OECD unemployment rate held steady at 4.9% in March 2025, marking three consecutive years at or below 5.0%.
- Unemployment rates were unchanged in 23 OECD countries, declined in 4, and rose in 5.
- The EU and euro area jobless rates remained at record lows of 5.8% and 6.2%, respectively, for the sixth straight month.
- Youth unemployment (15–24) was stable at 11.1%, about 7.0 ppts above the rate for workers aged 25+.
- Türkiye recorded its lowest unemployment rate (7.9%) since January 2005; Sweden saw the largest MoM decline (-0.8 ppts), while Denmark had the largest increase (+1.4 ppts).
- In April 2025, Canada's unemployment rate ticked up to 6.9%, while the U.S. rate held steady at 4.2%.
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