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The global economy is recovering but youth unemployment is getting worse. Young people are more than twice as likely to be unemployed as the average worker, yet few governments are taking proactive steps to boost youth employment.
Denmark’s dynamic youth labour market and well-developed activation strategy have helped young people weather the current recession better than their peers in most OECD countries.
Israel’s economy has shown resilience during the global recession, but more active education and employment policies – particularly targeted at minority groups – are needed to bolster its economic performance and bridge deep divisions within its society, according to the OECD.
The US should raise significantly federal funding on jobs programmes for young people in order to limit the impact of the economic downturn on the current generation of school leavers, according to a new OECD report.
Young Poles have been hit hard by the jobs crisis. To help them, a new OECD report on Poland says that the government should invest more in vocational training schemes, and temporarily cut the cost of employing low-skilled school-leavers.
Noting that significant action has already been taken at international and national levels to counteract the impacts of the downturn, Ministers welcomed the initial signs of economic recovery. However, they also underlined that they will have to deal with the consequences of high and persistent unemployment for some time after the recovery is well underway. They agreed that, in light of the severity of the recession, comprehensive and
In der Erkenntnis, dass auf internationaler wie nationaler Ebene bereits erhebliche Maßnahmen ergriffen wurden, um den Auswirkungen des Abschwungs entgegenzuwirken, begrüßten die Minister die ersten Anzeichen einer wirtschaftlichen Erholung. Sie betonten jedoch auch, dass sie auch nach Etablierung des Aufschwungs noch länger mit der Bewältigung der Folgen in Form von hoher und dauerhafter Arbeitslosigkeit konfrontiert sein werden. Sie
Secretary-General Gurría called for the need to agree on common international targets in areas such as innovation and green growth predicting "they could become the overarching umbrella for the G20 Framework’s structural agenda".Gurria's remarks to G20 leaders reflected the fact that the focus on structural policies will constitute the principal element of the OECD's contribution to future work on the G20 Framework Strong, Sustainable
According to Secretary-General Angel Gurría, governments must act fast and decisively to prevent the recession turning into a long-term unemployment crisis. “It is essential that governments focus on helping jobseekers in the months to come,” he said at the launch of the Employment Outlook 2009.
Unemployment in OECD countries will continue to rise well into 2010, with the average unemployment rate approaching 10%, up from 7.8% in April, according to new OECD projections.