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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.
Unit labour costs in the total economy rose 0.3% in OECD countries in the third quarter of 2009, the same rate of growth as in the previous quarter.
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The unemployment rate for the OECD area was 8.8% in December 2009, unchanged from the previous month but up by 1.8 percentage points from a year earlier.
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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 unemployment rate for the OECD area was 8.8% in November 2009, the same as the previous month and 2.1 percentage points higher than a year earlier.
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The unemployment rate for the OECD area was 8.6% in September 2009, the same as the previous month and 2.3 percentage points higher than a year earlier.
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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.
Unit Labour Costs (ULC) for the total economy grew 0.8% in OECD countries in the second quarter of 2009 and rose 3.6% year-on-year.
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The unemployment rate for the OECD area was 8.6% in September 2009, the same as the previous month and 2.3 percentage points higher than a year earlier.
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