Growth in OECD Unit Labour Costs slows to 0.5% in the first quarter of 2016
A more skilled population ahead: age or cohort effects? Evidence from PIAAC and the differences in policies approach.
OECD unemployment rate stable at 6.4% in April 2016
The OECD series Recruiting Immigrant Workers comprises country studies of labour migration policies. Each volume analyses whether migration policy is being used effectively and efficiently to help meet labour needs, without adverse effects on labour markets. It focuses mainly on regulated labour migration movements over which policy has immediate and direct oversight. This particular volume looks at the efficiency of European Union instruments for managing labour migration.
Tax incentives are used widely across OECD countries to incentivise individuals to invest in education and training, but are they effective? Recent evidence from the USA highlights the risk of creating overly complex systems in which the embedded incentives are no longer fully understood by individuals. This carries an important lesson for other countries in designing their own tax measures for skills investments.
To maximise the positive impact of digitalisation on productivity and growth, countries will need to invest in the right skills, promote job quality, and adapt labour market institutions and social protection to the new world of work. This raises a number of interrelated challenges. This paper provides suggestions on which policies are needed to confront these challenges and anticipate change.
When nearly a million Vietnamese “boat people” fled their country in the late 1970s and early 1980s and sought refuge elsewhere, they were typically seen as a burden and often turned away. Eventually, many were allowed to settle in the US. Most arrived speaking little or no English and with few assets or relevant job skills. Yet Vietnamese refugees are now more likely to be employed and have higher incomes than people born in the US.
Workers can be mismatched by qualifications while their skills are, in fact, adequate for their jobs. This situation, ‘apparent’ qualification mismatch is more common in certain fields of study than in others and speaks to the need of strengthening the links between employers, education providers and students to share information on the true skills, to avoid true skills mismatch.
Ongoing innovation in technology is changing labour markets worldwide. To understand the future of work in the digital era, we need to move away from the traditional economic classification of manufacturing and non-manufacturing sectors.
Prince William did it, Justin Timberlake did it, and so did David Cameron and Mark Zuckerberg. All four took paternity leave to spend time with babies George, Charlotte, Silas, Florence and Max. These trailblazers are great role models in combining family and work–at least when a new baby arrives–but men around the world are still too slow in following their example.