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This report was prepared to help Korea identify and address main social policy challenges. It suggests specific policy options and a strategy to “go social”, based on the practices and reforms that have worked well in other countries.
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The OECD area unemployment rate dropped to 8.1% in April, a 0.1 percentage point fall from March after two months of stability at 8.2%. This is a continuation of the steady decline in the unemployment rate seen since October 2010. The Euro area unemployment rate was stable at 9.9%.
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Challenges with respect to trade and jobs – and the interface between the two issue areas – remain near the top of policy agendas for OECD members and partner countries around the world. Globalisation has been a critical force driving increased economic integration and structural change, resulting in greater employment opportunities and welfare, but also creating adjustment difficulties including in the labour market. Through its deep
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In a context of high unemployment following the crisis and increased global competition, ensuring an adequate supply of skills, maximising their use and optimising further development of skills in the workforce is key to boosting employment and economic growth, and to promoting social inclusion. Skills are thus high on the agenda, nationally and internationally. Public spending on education and training already represents around 13%
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The 2011 Meeting of the OECD Council at Ministerial level is the first milestone in the Gender Initiative, which was launched by the OECD to help governments promote gender equality in Education, Employment and Entrepreneurship (the “three Es”).
Mr. Gurría underlined the importance of tackling the challenges of unemployment and inequality. He said: “we need a more inclusive and greener model of growth based on sound institutions… And we must focus even more in our relations with social partners to reach such joint goals”.
"By signing this Memorandum, our organisations commit to deliver a multidimensional and coherent policy advice, to promote the cross-pollination of our assessments, ideas and solutions to ensure better jobs for better lives", said OECD Secretary-General.
The OECD area unemployment rate of 8.2% in March 2011 was unchanged from February following three consecutive monthly decreases.
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The OECD’s 50th Anniversary is an opportunity to reaffirm what we stand for and what we are about. After 50 years, our objective is and remains to help member and partner country’s governments to formulate and implement better policies for better lives.