GDP growth has been moderate with significant divergence between countries
Total employment stabilised in 2023 in the OECD
Unemployment rates remain at historically low levels in many countries
Labour force participation rates have continued to increase over the past year
The post-pandemic decline in average hours worked per worker is generally consistent with long-term trends
Labour markets remain tight in many countries even as pressure is easing
Employment in the OECD is projected to continue to grow in 2024 and 2025, with the unemployment rate also inching up slightly
Inflation remains high but has declined significantly since the peak of 2022
While real wage growth has turned positive in 2023, it remains below 2019 levels in several countries
Monthly data point to continued improvement in real wage growth
Posted wages point to a recent slowdown in nominal wage growth
Real negotiated wages in selected OECD countries
Real minimum wages are above 2019 levels in virtually all countries
Real wages in low-pay industries have performed relatively better in most countries
Changes in real wages by education and wage inequality
Profits are beginning to buffer some of the increase in labour costs
The contribution of labour costs to domestic price pressures has been increasing
Earnings quality in OECD countries, 2015, 2021 and 2022
Labour market (in)security in OECD countries, 2015 and 2022
Job strain in OECD European countries, 2021
Gender employment gap narrowed in almost all countries
Changes in vacancy rates by industry
Real wages remain below 2019 levels in several countries
Gender gap in gross average earnings of full-time workers
Change in unemployment risk by gender
Minimum wage evolution, May 2019 to May 2024
Real wages in selected OECD countries resulting from collective agreements