OECD: Unemployment rate remains at 5% in September

OECD: Unemployment rate remains at 5% in September

The OECD unemployment rate remained stable at 5% in September 2026, with 0.2 percentage points (p.p.) above the historical minimum of 4.8% recorded in June 2023.

© Lusa


10/11/2026
by

Lusa

A the OECD unemployment rate remained stable at 5% in September 2026, with 0.2 percentage points (p.p.) above the historical minimum of 4.8% recorded in June 2023.

According to figures released today, there were 35,2 million unemployed in OECD countries, and unemployment rates remained virtually unchanged from the previous month in almost two thirds of countries with available data, with increases in nine and falls in four.

At the lower end, with rates of 3% or less, there is Chéquia, Israel, Japan, Korea and Mexico, while Spain and Finland recorded unemployment rates of 10.3% and 11% respectively.

In Portugal, the unemployment rate was 5.6% in September this year.

The OECD youth unemployment rate for people aged between 15 and 24 years has increased by 0.2 p.p. in relation to august, reaching 11.5%, the highest level in 2026.

In September, 29 OECD countries recorded double-digit youth unemployment rates, exceeding 20% in Chile, Estonia, Finland, France, Luxembourg, Spain and Sweden.

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