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2011 OECD Employment Outlook:
The OECD Employment Outlook provides an annual assessment of labour market developments and prospects in member countries.
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Editorial
Chapter 1
Chapter 2
Chapter 3
Chapter 4
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Unfinished business: investing in youth.
Income support for the unemployed: How well has the safety-net held up during the "Great Recession"?
The labour market effects of social protection systems in emerging economies.
Earnings volatility: causes and consequences.
Right for the job: over-qualified or under-skilled?
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Youth were hit disproportionately hard by the recession. In the first quarter of 2011, the unemployment rate for young people (aged 15 to 24) was 17.4% in the OECD area compared with 7% for adults (aged 25 and over). Youth who are neither in employment nor in education or training are a group at high risk of marginalisation and exclusion from the labour market, especially the longer they remain outside the world of work. Investing in youth and giving them a better start in the world of work should be a key policy objective. Otherwise, there is a high risk of persistence or growth in the hard-core group of youth who are left behind, facing poor employment and earnings prospects.
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Youth (15-24) and adults (25-54) unemployment rates, 2011 Q1
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- Press release
- Mr. Angel Gurría, OECD Secretary General:
"One of the most worrying features of the present situation is the steep rise in the number of people who have been unemployed for a year or more in some countries. Before the crisis, long-term unemployment affected 4 out of 10 unemployed people in France and Germany but it was less of a problem in Spain and the UK, and affected only one in ten unemployed in the US."
» Read the full Speech
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For additional documentation and data related to the OECD Employment Outlook 2011:
Readers can access the full version of the OECD Employment Outlook 2011 by choosing from the following options:
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Permanent URL: www.oecd.org/employment/outlook
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