The vast majority of workers in low- and middle-income countries still work in agriculture and elementary occupation or in blue collar jobs. More surprisingly, this is also the case in several developed OECD countries, despite talk of the digital revolution and knowledge-based economy.
Raising productivity growth is highly dependent on a country’s ability to innovate and adopt technologies, which requires an effective supply of human capital
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.
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.
Why are workers mismatched in the first place? Many, if not most, students choose a field of study based on what they want to become and do to earn a living. Yet almost four in ten workers end up doing something unrelated. This is sometimes by choice but not always.