Unemployment in the OECD at 4.8%, in Italy down to 7.2% - OECD. The unemployment rate remained below the symbolic threshold of 5% throughout the course of last year.

In 2023, the number of unemployed in the. OECD area continued to decline for the third consecutive year, falling to 33.2 million people, the lowest level since the. start of the series in 2001. In the European Union and the euro area, the unemployment rate. remained at "historically low" levels, continues the OECD, at 5.9% and 6.4% respectively.