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OECD Employment Outlook 2014 - Key findings for Slovak Republic

Unemployment rose substantially in the Slovak Republic as a result of the crisis and has only declined slowly since reaching a peak of 14.8% of the labour force in early 2010. At 13.3% in August 2014, the unemployment rate remains one of the highest among developed countries and is twice as high as the OECD average.




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OECD Employment Outlook 2014 - Key findings for Hungary

Hungary was hit harder by the global crisis than most OECD countries. Unemployment reached record levels at the peak of the crisis but has since recovered to its pre-crisis level around the current OECD average of 8%.




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OECD Employment Outlook 2014 - Key findings for Poland

Poland’s employment rate at 61% (Q2 2014) remains well below the OECD average but, in contrast to many other countries, it has increased slowly since the onset of the economic crisis (from 57.9% in Q1 2007).




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G20 faces persistent gaps in employment and job quality

A large and persistent shortfall in the number and quality of the jobs being created in G20 countries is affecting prospects for re-igniting economic growth, according to a report prepared by the ILO, the OECD and the World Bank Group for the G20 Labour and Employment Ministers meeting taking place in Melbourne this week.




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OECD Employment Outlook 2014 - Key findings for India

India’s economic growth has slowed since 2010 in the aftermath of the global crisis, but growth is expected to pick up according to the May 2014 projections of the OECD Economic Outlook. The unemployment rate was 3.6% in 2012 in India, lower than in 2006 (4.4%) before the onset of the global financial crisis.




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OECD Employment Outlook 2014 - Key findings for South Africa

The South African labour market continues to perform poorly compared to OECD and other G20 countries, and the global financial crisis appears to have worsened the situation.




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OECD Employment Outlook 2014 - Key findings for Indonesia

The unemployment rate in Indonesia continues to trend downwards. At 5.7% in Q1 2014, Indonesia’s unemployment rate is considerably below the levels observed in 2007 (above 9%). It is also now well below the OECD average of 7.4%.




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OECD Employment Outlook 2014 - Key findings for Brazil

The unemployment rate in Brazil continues its downward trend, despite a slowdown in GDP growth. At 4.9% (for urban areas), Brazil’s unemployment rate is considerably below the OECD average of 7.4%.




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Matching Economic Migration with Labour Market Needs

How can governments ensure that migration and free movement of workers contribute to meeting the labour market shortages that are expected to arise over the next 50 years? How can societies better use the skills of their migrants? What lessons can non-European OECD countries offer Europe, particularly regarding labour migration management? “Matching economic migration with labour market needs” addresses these questions.




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OECD’s Gurría congratulates Italy on new Jobs Act bill

The OECD Secretary-General, Angel Gurria, congratulates Prime Minister Renzi on the passing by the Italian Senate of a bill enabling the government to elaborate a comprehensive reform of the labour market – the so-called Jobs Act.




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Korea: Promote inclusive growth through greater employer involvement in the employment and skills system, says OECD

Korea has made significant progress towards decentralising the management of employment and training programmes, but can still do more to create stronger links with employers at the local level, according to a new OECD report.




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Switzerland should encourage older people to work longer, says OECD

Switzerland should do more to help older people, especially women, work longer in order to meet the challenge of a rapidly ageing population, according to a new OECD report.




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Skills and Jobs in the Internet Economy

Both generic and specialised ICT skills are becoming an important requirement for employment across the economy as the Internet becomes more engrained in work processes, but a significant part of the population lacks the basic skills necessary to function in this new environment. This paper examines the impact of the Internet on the labour market in this context.




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1st OECD/IZA World of Labor Seminar: Minimum Wages – Impacts and Institutional Processes - 17 November 2014

Joint Seminar on "Minimum Wages – Impacts and Institutional Processes"




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Strengthening Global Growth: The G20 Brisbane Summit’s Challenges and Contributions

The G20 needs to go structural, social, and green! With fiscal and monetary policy room nearly exhausted, structural reforms are the best choices, sometimes the only choice. The OECD battle cry in this regard has been unchanged since 2008: “go structural!”.




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Forging a gender-balanced economy

Getting more women into work is a priority goal of G20 policy, but gender inequality is a barrier. To overcome this, the OECD, ILO and others have identified ways forward.




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G20 should fix the world’s economy for the working people!

As G20 leaders look distraught at a global economy that is faced with weak growth, high unemployment and rising income inequality, they should repeat to themselves that this is not inevitable.




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The global economy: strengthening growth and job creation - Statement at G20 Leader's Summit

Statement made by the Secretary-General during session 1 of the Leader's Summit in Brisbane.




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G20: OECD to help monitor growth and gender commitments

Leaders of the G20 countries meeting at their Summit in Brisbane, Australia, have called on the OECD and IMF to monitor their commitment to boost economic growth and create jobs.




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OECD maps location of skilled U.S. workers and the employers who seek them

U.S. employers are demanding skilled workforces, but are not always able to find a local supply, says a new OECD study looking at Job Creation and Local Economic Development.




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Shifts in migration underline need for policy reform, says OECD

The increasing number of people moving within the European Union is driving the rise in migration registered in OECD countries, after several years of decline caused by the crisis. High skilled migration and humanitarian movements to OECD countries are also increasing. Migration policies need to keep pace with these changes, according to a new OECD report.




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OECD's Gurria congratulates President Obama on taking action to address the unsustainable situation of undocumented immigrants

On the occasion of the OECD High Level Policy Forum on Migration taking place on December 1 and 2 2014, Secretary General Angel Gurria congratulates President Obama on taking action to address the unsustainable situation of undocumented immigrants.




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The Netherlands should do more to help workers with mental ill-health, says OECD

The Netherlands should increase support for workers suffering from mental health issues and their employers and tackle the continued social stigma and limited knowledge around such illnesses, according to a new OECD report.




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Media Advisory - Launch Latin American Economic Outlook 2015 at the XXIV Ibero-American Summit on Tuesday 9 December 2014

OECD Development Centre, ECLAC and CAF to launch their joint Latin American Economic Outlook 2015 at the XXIV Ibero-American Summit on Tuesday 9 December 2014




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Economic stagnation compounds demographic pressure on pension systems, says OECD

Low growth, low interest rates and low returns on investment linked to the slow global economy are now compounding the problems of population ageing for both public and private pension systems, according to a new OECD report.




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Launch of OECD Pensions Outlook 2014

The 2014 edition of the OECD Pensions Outlook explores the crucial and far-reaching challenges that pension systems are currently facing. This report was released at a launch event in London on 8 December 2014.




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Inequality hurts economic growth, finds OECD research

Reducing income inequality would boost economic growth, according to new OECD analysis. This work finds that countries with lower income inequality grow faster than those with higher inequality.




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Better education and skills are key to shift the economy up a gear, says latest Latin American Economic Outlook

Latin America’s GDP growth rate has slowed down in 2014, dropping below 1.5%. This is the first time in a decade that the region grows less than the OECD average, according to the OECD Development Centre, the Commission for Latin American and the Caribbean and the development bank for Latin America. Given the projections in the past weeks, any recovery in 2015 is likely to be challenging.




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Japan can do more to encourage smooth transition of laid-off workers back into jobs, says OECD

Japan could help laid-off workers find a job more quickly by improving co-ordination between public employment services and companies, as well as ensuring that all workers benefit from adequate Employment Insurance (EI) benefits, according to a new OECD report.




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Green Growth Knowledge Platform (GGKP) 2015 Annual Conference

Third Annual Conference on the theme of "Fiscal Policies and the Green Economy Transition: Generating Knowledge – Creating Impact" held at the University of Venice from 29 through 30 January 2015. The press release is available.




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Review: The co-operative model in Trentino (Italy) - A case study

The Trentino co-operative model has gained wide acclaim for its positive economic and social impact upon the territory. Developing a strong understanding of why the model has been so effective is important in identifying those factors which other localities could utilise as potential criticalities.




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World Indicators of Skills for Employment (WISE) database

The WISE database provides a “one-stop” location to build up a statistical snapshot of skills development for each country. The database contains 64 indicators in five broad areas: contextual factors; skill acquisition; skill requirements; skill mismatch; and economic and social outcomes




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G20: Remarks for Session 2 - Framework for Strong, Sustainable and Balanced Growth

We therefore need a “copernician” change in our approach to the growth – inequality nexus: let’s not think growth first, and inequality thereafter but let’s consider both of them, together, in their circularity. In other words, let’s think “Inclusive Growth”, right from the start, and let’s make it another touchstone of our efforts and complement the Pittsburgh tryptic of strong, sustainable and balanced growth!




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The UK economy is doing well, but the job is not yet finished. Unleashing productivity is key to sustaining strong growth, says OECD

The United Kingdom’s economy is projected to expand this year and next, but challenges remain to boost productivity and make future growth more inclusive, according to the OECD’s latest Economic Survey.




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New approach needed to tackle mental ill-health at work, says OECD

Health and employment services should intervene earlier, involve key stakeholders and ensure they work together in order to help people with mental-health issues find work and stay in a job, according to a new OECD report.




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NEET Youth in the Aftermath of the Crisis (OECD Social, Employment and Migration Working papers, N°164)

This paper presents an overview of the situation of youth in OECD countries since the financial crisis, describing the characteristics and living conditions of young NEETs. It provides data on income-support policies for young people, and summarises available evidence on the impact of interventions that aim at improving the social, education and employment situation of the most disadvantaged youth.




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Early gender gaps drive career choices and employment opportunities, says OECD

Education systems have made major strides to close gender gaps in student performance but girls and boys remain deeply divided in career choices, which are being made much earlier than commonly thought, according to a new OECD report.




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Youth employment and regional development must rank as top priorities in Tunisia to secure stability and prosperity

Tunisia has made great strides since 2011 towards greater inclusivity and fairness in its political system, based on the rule of law, transparency and good governance.




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Promoting longer working lives is vital to improving Poland’s future prosperity

Encouraging more people to work later in life would help Poland meet the challenges of a rapidly ageing population. The percentage of old to younger groups (defined as share of over 65s to people aged 20-64) is projected to nearly triple from 22% in 2012 to 63% in 2050, according to a new OECD report.




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Colombia: Supporting the development of local innovation systems – Policy review

The project provided recommendations to the city of Medellin and Antioquia to support the development of the local economy and includes a focus on how the innovative environment can be strengthened to support inclusion, entrepreneurship, SME, and local developmentto and how to better coordinate and integrate its policies with the national level.




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Structural reforms and income distribution

Structural reforms and income distribution




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Social Impact Bonds: Promises and Pitfalls - Expert Seminar

This expert seminar aims to get a better understanding of the features, limitations and preliminary findings from the use of SIBs, and to a lesser extent, of DIBs in developing countries from a multidimensional and multi-stakeholder perspective.




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More and better jobs for an inclusive recovery

The world is still repairing the damage done to employment prospects and social equality by the crisis. Governments are trying to create not just more jobs, but better jobs. A new OECD framework helps them to define what job quality means and to measure whether their policies are succeeding.




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Focus on Minimum wages after the crisis: Making them pay (PDF, 12-pages)

Three out of four OECD countries use minimum wages, and supporting low-wage earners is widely seen as important for promoting inclusive growth. This policy brief considers three aspects that are central for a balanced assessment of policy choices: The cost of employing minimum-wage workers, their take-home pay, and the number of workers affected.




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Improving job quality and reducing gender gaps are essential to tackling growing inequality

Income inequality has reached record highs in most OECD countries and remains at even higher levels in many emerging economies. The richest 10 per cent of the population in the OECD now earn 9.6 times the income of the poorest 10 per cent, up from 7:1 in the 1980s and 9:1 in the 2000s, according to a new OECD report.




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Business brief: Nestlé needs YOUth

At Nestlé, we have a long tradition of recruiting young people directly from schools or universities. We invest in them, build their capabilities and develop their professional career. We do so while embracing diversity of cultures, traditions and opinions.




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Business brief: We must teach tomorrow’s skills today

The New Industrial Revolution affects the workforce in several ways. Ongoing innovation in renewable energy, nanotech, biotechnology, and most of all in information and communication technology will change labour markets worldwide. Especially medium-skilled workers run the risk of being replaced by computers doing their job more efficiently.




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Middle-class economics

In 2014, the US economy added more jobs than in any year since the 1990s. In fact, this longest streak of job growth on record has persisted into 2015. Inflation-adjusted wages are up by 1.4% annually over the last two years, more than twice the pace of the last recovery. But this is still not enough to make up for decades of subpar gains for middle-class families–a challenge shared by many other OECD economies.




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Korea's work-life balance policies for sustainable growth

Of the abundant resources given to mankind, what is the most underused resource of our time? Without a doubt, women!




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OECD Ministers reinforce importance of investment for strong, green and inclusive growth

The OECD’s Annual Meeting at Ministerial Level reinforced member governments’ support across a broad range of key OECD work.