Digitalisation, globalisation, demographic shifts and other changes in work organisation are constantly reshaping skill needs. This can lead to persistent skill shortages and mismatch which are costly for individuals, firms and society in terms of lost wages and lower productivity and growth. These costs can be reduced through better assessment and anticipation of changing skill needs and by improving the responsiveness of skills development to these changes.
This report identifies effective strategies for improving labour market information on skill needs and ensuring that this information is used effectively to develop the right skills. It provides a comparative assessment of practices across 29 countries in the following areas: i) the collection of information on existing and future skill needs; ii) the use of this information to guide skill development policies in the areas of labour, education and migration; and iii) governance arrangements to ensure good co-ordination among the key stakeholders in the collection and use of skill needs information.
Job displacement (involuntary job loss due to firm closure or downsizing) affects many workers over their lifetime. Displaced workers may face long periods of unemployment and, even when they find new jobs, tend to be paid less and have fewer benefits than in their prior jobs. Helping them get back into good jobs quickly should be a key goal of labour market policy. This report is the fourth in a series of reports looking at how this challenge is being tackled in a number of OECD countries. It shows that many displaced workers get new jobs relatively quickly in Australia, mostly thanks to a flexible and dynamic labour market. A small minority of displaced workers receive special support via the labour adjustment programmes, but some displaced workers who would need specific assistance, in particular in the older worker and/or low-educated groups, do not get sufficient support or only too late. There is room to improve policies by moving away from the current sectoral approach to special assistance programmes for workers collectively dismissed, towards an approach covering all sectors of the economy, with the intensity of intervention tailored to the circumstances and needs of the displaced workers. Expanding the training component for displaced workers and making use of skills assessment and training to better target the training and enhance its effectiveness would also help displaced workers transition to sustainable jobs of a certain quality.
The data presented in the latest OECD Economic Survey of Ireland suggest that rather than "brain drain" Ireland exhibits "brains exchange", a large proportion of emigrants and immigrants are well qualified.
Latvia has undergone major economic and social change since the early 1990s. Despite an exceptionally deep recession following the global financial crisis, impressive economic growth over the past two decades has narrowed income and productivity gaps relative to comparator countries in the OECD. But Latvians report low degrees of life satisfaction, very large numbers of Latvians have left the country, and growth has not been inclusive. A volatile economy and very large income disparities create pressing needs for more effective social and labour-market policies. The government’s reform programme rightly acknowledges inequality as a key challenge. However, without sustained policy efforts and adequate resources, there is a risk that productivity and income growth could remain below potential and social cohesion could be further weakened by high or rising inequality.
Ce volume de Panorama des pensions, le dixième de cette série, passe en revue les réformes de pensions entreprises dans les pays de l’OCDE et du G20 depuis deux ans. Deux chapitres spéciaux proposent une analyse plus approfondie des pensions du premier pilier et de l’impact des carrières courtes ou interrompues (en raison d’une entrée tardive sur le marché du travail, des soins aux enfants ou du chômage) sur les droits à pension. Un autre chapitre montre également comment les taux de remplacement futurs sont sensibles à tout changement de paramètres. Un vaste arsenal d’indicateurs des politiques publiques menées en la matière ainsi qu’une description des régimes sont proposés pour l’ensemble des pays de l’OCDE et du G20.
The article contains general information on youth-related issues in El Salvador.
Following the end of the civil war in 1992, El Salvador has undergone substantial economic, political, and social change. Young people aged 15-24, accounting for 20.8% of the total population in 2014, play a significant role in the development process of a country that is characterized by one of the highest criminal rates in the world.
Mayors from cities across the United States, Asia, Europe, Africa and Latin America gathered in New York to launch a global campaign to address rising inequalities and foster inclusive growth in their cities, in their countries and worldwide.
The article contains general information on youth-related issues in Viet Nam
According to the 2009 Census, there were 16.6 million people aged 15-24 in Viet Nam, accounting for 19.4% of the total population. This page will present an overview of resent work on youth in the country.