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This country note presents key policies to promote longer working lives implemented over the past decade in Germany
Government at a Glance provides a dashboard of key indicators to help you analyse international comparisons of public sector performance.
The G20 is suffering from ageing populations and declining productivity growth. While a pervasive technology revolution is accelerating globalisation.
It is my pleasure to launch the OECD’s 2017 Employment Outlook, our flagship report on key labour market developments and prospects in OECD member countries. I’d like to thank Minister Nahles and Germany’s Federal Ministry of Employment and Social Affairs for hosting this event. Today’s launch is very timely given our High-Level Policy Forum on the new OECD Jobs Strategy here in Berlin.
Globalisation, demographic trends and technological change are transforming jobs in our economy. 9% of jobs across OECD countries could be automated in the next 15-20 years and a further 25% are at risk of significant change. The risk in emerging economies is even larger. According to recent studies, China and India together account for the largest technically automatable employment potential.
Population ageing is setting in earlier in Germany than in most other OECD economies and will be marked.
The German economy has steadily recovered from the 2008 global crisis. Thanks to past reforms, the labour market has proved strong and export performance has been impressive.
Skills drive economic growth and can boost social cohesion. With growth increasingly driven by productivity improvements, the future economic and social well-being of OECD countries will depend upon providing our young people with the right skills to succeed in the 21st century job market.
While past labour market reforms have been successful in terms of employment, the relative poverty risk and income inequality have remained broadly unchanged in recent years.