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The UK labour market weathered the recent recession moderately well. After a relatively limited fall, total employment recovered and it recently reached 30 million for the first time, even if a number of the new jobs created are low productivity and low paid.
OECD unemployment rate stable at 7.4% in May 2014
OECD Unit Labour Costs up 0.4% in the first quarter of 2014 as labour productivity falls
Modest decline in OECD unemployment rate in April 2014
Canada has experienced solid economic growth since the global crisis, allowing it to reverse recession-induced job losses and put federal public finances on a sound footing, says the OECD. Growth is expected to accelerate from 2.5% this year to 2.7% in 2015.
Business dynamics – entry and expansion of successful businesses, and the contraction and exit of the least productive ones – are at the core of the creative destruction process, resource reallocation and productivity growth. To address these issues, the OECD has embarked on the Dynamics of Employment ("DynEmp") project.
OECD unemployment rate stable at 7.5% in March 2014
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The Irish government has taken resolute action to address the unemployment challenge, launching the Action Plan for Jobs (APJ) initiative in early 2012. Drawing on the expertise and experience of OECD member countries, this preliminary review examines key aspects of the Action Plan for Jobs and highlights some key policy priorities to boost job creation.
Closer collaboration between local employment, training, and economic development agencies to develop the right skills in jobseekers is crucial to support export-oriented growth in Northern Ireland, according to a new OECD report.
Encouraging more people to work later in life would help the Netherlands meet its growing challenges of a rapidly ageing population and rising social spending, according to a new OECD report.