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Three out of four OECD countries use minimum wages, and supporting low-wage earners is widely seen as important for promoting inclusive growth. This policy brief considers three aspects that are central for a balanced assessment of policy choices: The cost of employing minimum-wage workers, their take-home pay, and the number of workers affected.
The world is still repairing the damage done to employment prospects and social equality by the crisis. Governments are trying to create not just more jobs, but better jobs. A new OECD framework helps them to define what job quality means and to measure whether their policies are succeeding.
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Wage stagnation and rising inequality are putting pressure on many American households. Facilitating movement up the career ladder and shoring up wages at the bottom of the pay ladder are policy priorities.
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Public employment services are increasingly important in government efforts to tackle unemployment and boost overall employment outcomes. To strengthen their contributions to this agenda, they require strong capacity and resources to activate job seekers, build connections with employers, and stimulate economic development.
OECD employment rate increases to 65.9% in fourth quarter of 2014, 0.6 percentage point higher than one year before
OECD unemployment rate falls to 7.0% in February 2015
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Sweden has a well-educated population and a high level of skills relative to other OECD countries, but student performance has fallen for the past decades. An additional challenge is how to better connect the education system to the labour market to ensure that students are equipped with those skills demanded by employers.
People today are living longer than ever before, while birth rates are dropping in the majority of OECD countries. Such demographics raise the question: are current public social expenditures adequate and sustainable? Older workers play a crucial role in the labour market. Now that legal retirement ages are rising, fewer older workers are retiring early, but at the same time those older workers who have lost their job after the age of 50 have tended to remain in long term unemployment. What can countries do to help? How can they give older people better work incentives and opportunities? These reports offer analysis and assessment on what the best policies are for fostering employability, job mobility and labour demand at an older age.
Encouraging more people to work later in life would help Poland meet the challenges of a rapidly ageing population. The percentage of old to younger groups (defined as share of over 65s to people aged 20-64) is projected to nearly triple from 22% in 2012 to 63% in 2050, according to a new OECD report.
This report delivers evidence-based and practical recommendations on how to better support employment and economic development in Flanders, Belgium. It builds on sub-national data analysis and consultations with local stakeholders in two case study areas (Antwerp and Limburg). 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 national, regional, and local policy makers in Belgium build effective and sustainable partnerships at the local level, which join-up efforts and achieve stronger outcomes across employment, training, and economic development policies. Co-ordinated policies can help workers find suitable jobs, while also stimulating entrepreneurship and productivity, which increases the quality of life and prosperity within a community as well as throughout the country.