The G20 needs to go structural, social, and green! With fiscal and monetary policy room nearly exhausted, structural reforms are the best choices, sometimes the only choice. The OECD battle cry in this regard has been unchanged since 2008: “go structural!”.
The Local Job Creation series focuses on the role of employment and training agencies in contributing to job creation and productivity. It explores how OECD countries are implementing labour market and skills policy and putting measures in place at the local level to stimulate quality employment, inclusion and growth.
Slower growth in key markets like China and India is reducing momentum across the Australian economy, cutting into employment opportunities and putting more pressure on the government to ensure that public policy delivers optimal results for growth and job creation.
Skills and educational development for inclusive and sustainable growth are becoming significant drivers in OECD countries.
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Australia’s labour market continues to perform well in comparison with other major developed countries. The unemployment rate, at 5.1% in May 2012, is among the lowest in the OECD.
L'OCDE a lancé sa Stratégie des compétences pour aider les gouvernements à renforcer la résilience économique, stimuler l'emploi et améliorer la cohésion sociale. Malgré la pression pesant sur les finances publiques, l’éducation et les compétences sont des dépenses d'avenir prioritaires.
Country Notes from OECD Economic Policy Reforms: Going for growth 2011 presenting OECD recommendations for structural reform priorities for individual countries.
This report summarises the analysis, findings and policy recommendations from the project on Climate Change, Employment and Local Development undertaken by the OECD Local Economic and Employment Development (LEED) Programme.