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MORE OPTIONSDISAGREEAGREE * Home * Business News * Business * Business Growth * Automotive * Aviation * Banking * Business Growth * Construction * Energy * Hospitality & Leisure * Manufacturing * Retail * Start-Ups * Economics * Energy * Exports * Finance & Investment * Investment * Politics * Legal News * Tech News * World News * Russia-Ukraine * Finance * Climate Change * Net Zero * Pollution * Weather * Tech * Talent * Entrepreneurial * Entreprenerd * Famous Entrepreneurs * Female Entrepreneurs * Young Entrepreneurs * Talent * Apprenticeships * Meet The Entrepreneurs * Property * Insights & Advice * Tech * Property * Business * London Loves * Home * Business News * Business * Business Growth * Automotive * Aviation * Banking * Business Growth * Construction * Energy * Hospitality & Leisure * Manufacturing * Retail * Start-Ups * Economics * Energy * Exports * Finance & Investment * Investment * Politics * Legal News * Tech News * World News * Russia-Ukraine * Finance * Climate Change * Net Zero * Pollution * Weather * Tech * Talent * Entrepreneurial * Entreprenerd * Famous Entrepreneurs * Female Entrepreneurs * Young Entrepreneurs * Talent * Apprenticeships * Meet The Entrepreneurs * Property * Insights & Advice Search Home Business News OECD unemployment rate unchanged at 4.8% in January 2024 Leon Sosra / Avalon Business NewsEconomic NewsHuman Resources NewsTalent News OECD UNEMPLOYMENT RATE UNCHANGED AT 4.8% IN JANUARY 2024 by LLB staff reporter March 14, 2024 written by LLB staff reporter 14th Mar 24 12:56 pm The OECD unemployment rate was broadly stable at 4.8% in January 2024, having remained below 5.0% since July 2022. Playback speed 1x Normal Quality Auto 144p Back 240p 144p Auto 144p Back 0.25x 0.5x 1x Normal 1.5x 2x 00:00/07:07 Skip Ads by The rate was unchanged in 23 OECD countries in January, rose in 6 countries, and declined in only 3 countries. The number of unemployed persons in the OECD decreased to 33.5 million in January, mainly driven by a decrease in the number of unemployed younger workers (aged 15-24). In January 2024, the OECD unemployment rate for women remained broadly stable at 5.0%, 0.3 percentage point higher than the rate for men, which also remained stable. The unemployment rate for women also exceeded that of men in the European Union, the euro area and 21 OECD countries in January 2024 (or in the latest period available) with the largest gender gaps in Greece, Colombia, Türkiye, and Spain. By contrast, the unemployment rate for women was lower than that for men in 16 OECD countries, and the unemployment rate for women and men was the same in Sweden. The OECD unemployment rate was stable for workers aged 25 and above while it declined for younger workers. In the European Union and the euro area, the unemployment rate remained at record lows of 6.0% and 6.4%, respectively. In January 2024, it was stable or increased in most OECD euro area countries. Only Austria recorded a marked decrease. Outside the European OECD countries, unemployment rates in January 2024 were also stable or declined. The largest decrease was recorded in Colombia. In February 2024, the unemployment rate was broadly stable at 5.8% in Canada, while it increased in the United States to 3.9%, its highest level since January 2022. MORE LIKE THIS: * Two-year decline in number of female executives on… * Downturn in hiring activity deepens in November * UK is top of the list for low wage nations * Flexible job hunters double as new workers' rights progress LEAVE A COMMENT Please enable JavaScript to view the comments powered by Disqus. 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