Raising productivity growth is highly dependent on a country’s ability to innovate and adopt technologies, which requires an effective supply of human capital
OECD employment rate stable at 66.1% in the second quarter of 2015
OECD unemployment rate stable at 6.8% in August 2015
In 2010, the G20 called for the development of a set of internationally comparable indicators of skills for employment and productivity for Low-Income Countries (LIC) as part of its Multi-Year Action Plan on Development. To respond to this call, the OECD has established the World Indicators of Skills for Employment (WISE) database in close collaboration with the World Bank, ETF, ILO and UNESCO
7th annual expert meeting of the initiative on Employment and Skills Strategies in Southeast Asia (ESSSA) and GIZ/ RECOTVET Policy Dialogue - 7-8 October, 2015 - Sokha Angkor Resort, Siem Reap, Cambodia
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Colombia has experienced strong and sustained economic growth over the past fifteen years, apart from a short slowdown in 2008 and 2009, and labour market outcomes improved significantly.
Tackling mental ill-health of the working-age population is becoming a key issue for labour market and social policies in OECD countries. OECD governments increasingly recognise that policy has a major role to play in keeping people with mental ill-health in employment or bringing those outside of the labour market back to it, and in preventing mental illness. This report on Austria is the eighth in a series of reports looking at how the broader education, health, social and labour market policy challenges identified in Sick on the Job? Myths and Realities about Mental Health and Work (OECD, 2012) are being tackled in a number of OECD countries. It concludes that the Austrian system provides good opportunities in principle for improving labour market inclusion of people with mental ill-health but that structural fragmentation of responsibilities limits the means of the federal government to develop coherent health and work policies. Successful structural reform requires including a range of actors responsible for policy implementation to achieve coordination across institutions and better integrated service delivery.
Austria needs to do more to help people with mental health problems find a job or stay in the workplace, according to a new OECD report. A more comprehensive approach would help employees and firms alike: mental health issues are estimated to cost the Austrian economy around 3.6% of GDP every year in lost productivity, health care and out-of-work benefits.
The fact remains that robots have persistently failed to imitate the most human of skills, such empathy, teamwork, relationship building, etc. While technology may be reducing the demand for some routine skills, it is simultaneously increasing the demand for more difficult-to-automate social skills.
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Business lending in Ireland has still not recovered to pre-crisis levels. Credit conditions remain tight, and interest rates high by Euro area standards, especially for small firms.