OECD employment and labour force participation rates at record highs

Employment and labour force participation rates in the OECD stood at 69.4% and 73.2% in Q3 2022, still at their highest levels since records began (2005 and 2008, respectively). About two in five OECD countries were at record highs for both indicators. The number of persons employed, as employees or self-employed workers, also reached its highest level at 607.9 million workers.

For women, the employment rate edged up to 62.4%, while for men it fell for the first time in two years to 76.6%. The labour force participation rate reached a new high of 65.9% for women, and remained stable for men at its pre-pandemic level of 80.6%.

See also: Labour Market Situation, OECD - Updated: January 2023