Canada should improve the support its employment services offer to help laid-off workers find a new job more quickly, according to a new OECD report.
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Canada did not suffer as much during the 2008-2009 global recession as most other countries and its economy has since rebounded sharply. The employment rate among workers aged 15-64 stood at 72.2% in the second quarter of 2014, 1.4 percentage points below its level at the start of the global financial crisis compared with 2.5 percentage points deficit at the worst point of the crisis.
This report delivers evidence-based and practical recommendations on how to better support employment and economic development in Canada. It builds on sub-national data analysis and consultations with local stakeholders in four case study areas across Ontario and Quebec. It provides a comparative framework to understand the role of the local level in contributing to more and better quality jobs. The report can help federal,
Canada has experienced solid economic growth since the global crisis, allowing it to reverse recession-induced job losses and put federal public finances on a sound footing, says the OECD. Growth is expected to accelerate from 2.5% this year to 2.7% in 2015.
Sickness and disability policy reform has been a priority for OECD countries wanting to improve employment and social outcomes in this domain. The recent recession and corresponding fall in labour demand is expected to hit marginalised workers, including workers with health problems or disability, harder than the broader working-age population. There is a pressing need for policy makers to address the recent “medicalisation” of labour
G20 countries need to keep up the momentum of structural economic reform in order to boost confidence and job creation, OECD Secretary-General Angel Gurria tells G20 leaders.