Re-igniting growth and putting people back to work will be essential to restore citizens’ confidence with positive spill-over effects on other policy measures and their effectiveness, said OECD Secretary-General.
During his official visit to India, OECD Secretary-General Angel Gurría will participate in an interactive session with Indian industrialists to discuss the global economic situation, the outlook for the Indian economy and the OECD-India cooperation.
OECD Secretary-General assesses the employment challenges facing Europe and the policy responses urgently needed to put the continent back on a path of jobs-rich growth, at the Employment Policy Conference in Brussels.
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This model shows that a large scale role out of the activation program decreases welfare, while a standard partial microeconometric cost-benefit analysis would conclude the opposite.
Governments should use every possible means at their disposal to help jobseekers, especially young people, by removing barriers to job creation and investing in their education and skills. The young are at most risk of long-term damage to their careers and livelihoods, said Angel Gurría.
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.
The Negev region has the potential to deliver real and tangible benefits for regional development, green growth and social inclusion. The report explains how the region can exploit its existing strenghts and competitive advantages, including a niche in research, demonstration and testing in renewable energies and water efficiency.
More than ever promoting the creation of sufficient quality jobs for the many unemployed and under-employed, including many youth, is the key policy priority for all G20 countries said A. Gurría, OECD Secretary-General.
All our established certainties about the economy and how best to regulate it have been shaken to the core by the Great Recession. It is forcing a radical rethink about our underlying economic models and how appropriate they are in the current context, said the OECD Secretary-General.
OECD and ILO heads call upon the Ministers of Labour and Employment of the G20 countries to put a greater, renewed emphasis on employment policies to help economies accelerate and sustain the recovery, achieve higher levels of decent work and get out of the debt trap, at the G20 Meeting in Mexico.