Employment: OECD sees high jobless rates continuing - more must be done urgently to boost job creation and help jobseekers
Organised by the Union For the Mediterranean in cooperation with LEED and the City of Barcelona, this second experts' meeting further discussed how to foster skills development, entrepreneurship and SMEs in the Mediterranean at national, regional and local levels.
The seminar was targeted at national, regional and local practitioners who dealt with anticipating and managing demographic changes in Russia and Eastern European countries and wanted to interchange experiences and approaches with other experts from OECD countries.
This seminar was part of a three-year programme of cooperation between the European Commission and the OECD LEED Programme to monitor and report on entrepreneurial activity in Europe and related public policies and actions.
On the request of the G20, the OECD, in co-operation with other international organisations, provides technical analysis to help evaluate the appropriateness of the reforms nominated by countries, and the progress towards implementing those reforms.
To find effective financing and delivery mechanisms to address long-term unemployment is a challenge which practitioners and policy-makers confront. The seminar reviewed innovations in these areas and reflected on how they can be used to support the long-term unemployed into employment.
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Almost four years since the onset of the global financial and economic crisis, unemployment and underemployment remain stubbornly high in many G20 countries, and many workers remain trapped in low-paid, often informal, jobs with little social protection.
The OECD LEED Programme is participating in a side event of the Rio+20 Corporate Sustainability Forum co-organised by DCED and the UN Global Compact in cooperation with World Resources Institute and New Ventures India.
Speaking at Los Cabos G20 Summit, Angel Gurría underlined the urgency of tackling the steep rise in youth joblessness that took place during the crisis. Labour market programmes, including effective counselling, job-search assistance and temporary hiring subsidies for low skilled youth, can make a real difference in facilitating the transition to productive and rewarding jobs for young jobseekers.
Recruiting the best candidates for the public workforce is important at a time when the loss of experienced employees due to redundancies and retirements is creating a talent shortage.