OECD-wide employment expected to grow this year and next |
| The OECD's Employment Outlook 2026 reveals that the unemployment rate across member countries stands at 4.9%, and has been at or below 5.0% for more than four years. Total employment reached 670 million in May 2026, marking a 26% increase since 2001, and is expected to grow by 0.3% in 2026 and 0.6% in 2027. Despite this growth, real wages are lagging, with one-third of countries experiencing lower wages than five years ago. “OECD labour markets have been strong and resilient – employment is at record highs and unemployment rates are near historic lows,” OECD Secretary-General Mathias Cormann said. “But workers' purchasing power is not keeping up. The answer is boosting labour productivity with better education policies, adult learning options, job mobility and technology adoption.” |
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