Unemployment in OECD Area at 4.9% in April

The organization said the rate was unchanged in 25 OECD countries, declined in four, and rose in three.

"Five OECD countries recorded a rate below or equal to 3.0% including Japan, Mexico, Czechia, and (South) Korea while the rate of Colombia, Greece and Spain was above 10%," it said.

The number of unemployed persons in the organization's area fell slightly to a total of 34.1 million, remaining stable or decreasing in 18 countries, with the largest drop seen in Colombia.

In the EU, unemployment was at 6%, while it was 6.4% in the euro area in April.

The eurozone/euro area, or EA19, represents member states that use the bloc's single currency, the euro, while the EU27 includes all of its member countries.

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