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The low-skilled are more likely than others to be unemployed, have bad health and earn much less, according to the first OECD Survey of Adult Skills. Countries with greater inequality in skills proficiency also have higher income inequality.
This first OECD Skills Outlook presents the initial results of the Survey of Adult Skills (PIACC), which evaluates the skills of adults in 22 OECD member countries and two partner countries. The survey was designed to provide insights into the availability of some key skills and how they are used at work and at home through the direct assessment of key information processing skills
Endorsing the OECD’s Action Plan for Youth at the OECD’s annual Ministerial Meeting in Paris in May 2013, ministers underlined the need to focus attention on the most disadvantaged youth.
Unit labour costs (ULCs) in OECD countries fell 0.2% in the second quarter of 2013 as labour productivity growth (0.4%) outpaced a rise in labour compensation (0.2%).
The NZ labour market is among the most flexible in the OECD, and outcomes for its young people have been among the best. However, labour-market opportunities are heavily determined by initial education, where New Zealand’s system is also successful and innovative in many ways.
OECD Newsletter on Employment, Migration, Health and Social Affairs - Autumn 2014
The OECD unemployment rate decreased to 7.9% in July 2013, compared with 8.0% in the previous month.
While unemployment is gradually declining in the United States, Mexico and Japan, it is increasing in the Euro area. In emerging economies, tackling low paid employment in insecure jobs with little social protection remains a key challenge.
Joint statement by ILO Director-General Guy Ryder and OECD Secretary-General Angel Gurría on the occasion of the G20 Labour and Employment Ministers’ Meeting, Moscow, 18-19 July 2013
This report comes at a crucial time, as the economic recovery remains hesitant and uneven, and when over 48 million people are still out work in the OECD area. Unemployment is a social tragedy that we urgently need to address.