The OECD unemployment rate held steady at 4.9% in April 2025, continuing a 3-year streak at or below the 5.0% threshold.

• Youth unemployment remained elevated at 11.2%, 7.1 ppts higher than the 25+ rate, with gaps exceeding 15 ppts in Sweden, Luxembourg, Spain, and Costa Rica.
• Rates were unchanged in 22 OECD countries, fell in 7 (including Colombia and Korea), and rose in 4 (notably Canada and Türkiye).
• The EU and euro area jobless rates held at 5.9% and 6.2%, respectively, with most member states reporting stable conditions.
• Türkiye saw the sharpest increase (+0.6 ppts) after a record low in March, driven by workers aged 25 and over.
• In May 2025, Canada’s unemployment rate was stable at 7.0%, while the U.S. held at 4.2%.