OECD Unit Labour Costs up 0.5% in the first quarter of 2015
OECD unemployment rate stable at 6.9% in April 2015
The OECD’s Annual Meeting at Ministerial Level reinforced member governments’ support across a broad range of key OECD work.
More than 35 million young people, aged 16-29, across OECD countries are neither employed nor in education or training (NEET). Overall, young people are twice as likely as prime-age workers to be unemployed. Governments need to do more to give young people a good start to their working lives and help them find work, according to a new OECD report.
Income inequality has reached record highs in most OECD countries and remains at even higher levels in many emerging economies. The richest 10 per cent of the population in the OECD now earn 9.6 times the income of the poorest 10 per cent, up from 7:1 in the 1980s and 9:1 in the 2000s, according to a new OECD report.
OECD unemployment rate nudges down to 6.9% in March 2015
OECD employment rate increases to 65.9% in fourth quarter of 2014, 0.6 percentage point higher than one year before
OECD unemployment rate falls to 7.0% in February 2015
Encouraging more people to work later in life would help Poland meet the challenges of a rapidly ageing population. The percentage of old to younger groups (defined as share of over 65s to people aged 20-64) is projected to nearly triple from 22% in 2012 to 63% in 2050, according to a new OECD report.
OECD Unit Labour Costs rise by 0.5% in the fourth quarter of 2014