The unemployment rate in OECD countries remains stable at 4.9% in March 2025, remaining at historically low levels, unchanged since April 2022. This is according to the latest report published by the Organization for Economic Cooperation and Development, which shows a slight increase in the absolute number of unemployed, rising to 34.2 million. In 23 of the 32 countries monitored, the rate was unchanged from February, with slight increases in five states and declines in four others. Particularly significant is the case of Turkey, where unemployment standing at 7.9% fell to its lowest level since 2005. In the European Union and the euro area, the rate remains firm at 5.8% and 6.2%, respectively, confirming the lows of recent years. In Italy, March data are not yet complete, but the trend appears stable. However, significant critical issues remain on the youth front: among 15- to 24-year-olds, the unemployment rate in the OECD area is at 11.1%, more than 7 points above that of the over-25 group (about 4%). In Italy, this gap is traditionally higher than average, partly due to a high share of inactive and discouraged youth. On the gender front, Italy continues to show an anomaly compared to other G7 countries: the female unemployment rate remains higher than the male rate, unlike in Germany, France or Canada. At the OECD level, the rate is 5.1% for women versus 4.7% for men, but the Italian gap is more pronounced.
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