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This report presents, for the first time a local ‘green growth’ indicator framework. This indicator framework was developed from the OECD ‘green growth’ strategy at the national level, but modified to highlight issues of transition that are most relevant for local areas.
The OECD unemployment rate was stable at 8.0% in November 2012, unchanged from the previous month.
Unit labour costs (ULCs) in the OECD area rose by 0.2% in the third quarter of 2012, driven by continued increases in labour compensation per unit of labour input.
Entrepreneurship and the development of Small and Medium-Sized Enterprises (SMEs) are key drivers of economic growth and job creation. The OECD review series on Boosting Local Entrepreneurship and Enterprise Creation, of which this study is a part, examines the capacity of local economies to support successful new enterprise creation and the growth of small enterprises.
Progress has been made in narrowing the gender gap in pay, especially in employment, over the past decade but much remains to be done in many countries. Women pay a high price for motherhood, with steep childcare costs and taxes deterring many from working more, according to a new OECD report.
The conference discussed the results of the project as well as policy recommendations on training and skills development for the creation of an innovative and competitive SME sector in OECD countries.
Any new approaches to public sector pay must help to: enhance external competitiveness of salaries; promote internal equity throughout the public sector; reflect the values of public organisations; and align compensation with government’s core strategic objectives. Public Sector Compensation in Times of Austerity offers an evidence-based contribution to new thinking about human capital, government’s most valuable asset
The euro area crisis finds its roots in the credit booms seen in many countries following the introduction of the euro in 1999. Easy credit led to strong growth in a range of sectors, notably housing, as well as higher levels of public spending. Inflation in these over-heating economies was higher than the euro area as a whole. Rising prices led to rising costs and a loss of international competitiveness.
Australia’s labour market reforms over the past 15 years have boosted employment and cut welfare benefit dependency.
The OECD unemployment rate rose by 0.1 percentage point to 8.0% in October 2012 compared to the previous month.