OECD employment, labour force participation rates at record highs in Q2 2026

OECD employment, labour force participation rates at record highs in Q2 2026

PARIS, 15th October, 2026 (WAM) -- OECD employment and labour force participation rates reached record highs in Q2 2026, at 70.4% and 74.2%, respectively. However, both rates increased by 0.1 percentage point (p.p.) or less from the previous quarter, remaining broadly stable.

Compared with the same quarter in 2025, both rates were also broadly unchanged. Employment and labour force participation rates were, respectively, at or near record highs in 9 and 13 OECD countries. Meanwhile, the OECD unemployment rate was broadly stable in August 2026, at 5.0%, just 0.2 p.p. above its record low from June 2023.

Employment rates across OECD countries ranged from 54.8% in Q2 2026 in Türkiye to above 80% in Iceland, Japan and the Netherlands. The largest year-on-year increases were recorded in Colombia and Portugal, at 1.5 and 1.3 p.p.

Across population groups, women’s employment and labour force participation rates each rose by 0.2 p.p. in Q2 2026, while rates for men remained broadly stable. By age group, the OECD employment and labour force participation rates rose by 0.4 and 0.2 p.p. among older workers aged 55-64 years old, while remaining broadly stable for prime-age workers aged 25-54 and young people aged 15-24.

In August 2026, unemployment rates in 20 OECD countries as well as in the European Union (6.1%) and the euro area (6.4%) remained largely unchanged compared with July.