blue line for intro

The OECD supports the G20 in the area of jobs, labour market policies and inclusive growth by identifying relevant responses to the jobs crisis, strategies to promote a job-rich recovery and a more inclusive type of economic growth. The OECD has notably provided extensive support to the G20 Task Force on Employment.

 

OECD SUPPORT TO G20 LABOUR AND EMPLOYMENT MINISTERS MEETINGS

 

The OECD and International Labour Organization (ILO) have been contributing to the preparation of and discussions at the G20 Labour and Employment Ministerial Meetings since the first ministerial meeting in Washington on April 2010. The OECD has highlighted good policy practices drawing from our extensive policy reviews and analyses. The OECD has also assisted countries in drafting the background material as well as the conclusions for these meetings.


The OECD has worked notably in the following areas:

  • It contributed to the ILO training strategy (pdf) for G20 Leaders in Toronto (2010), with significant inputs to the ILO report on equipping the workforce with the skills required for strong, sustainable and balanced growth for the 21st century.

  • It supported the successive presidencies of the G20 to define their agenda on employment and labour market policies: youth employment under the French presidency with, for instance, a policy note for the Group on Giving Youth a Better Start (pdf); Sustainable development, green growth and quality employment for the Labour and Employment Ministers meeting in Guadalajara under the Mexican Presidency; Activation Strategies for Stronger and More Inclusive Labour Markets in G20 Countries under the Russian Presidency.

  • It shared  its expertise to help promote a job-rich recovery and skills development, in particular through the report on Boosting Jobs and Living Standards in G20 Countries (pdf), prepared as a follow up to the Cannes Summit Declaration.  

  • The OECD also contributed with the ILO to the monitoring process of G20 countries’ commitments in the labour market and social policy areas.

G20 EMPLOYMENT TASK FORCE
As a practical step forward to tackle the jobs crisis, the G20 established the G20 Task Force on Employment (TFE). The Task Force initially concentrated on assisting countries in sharing best practices to tackle youth unemployment, and has now extended its work to job creation (including local job creation), labour activation and the design of the G20 Employment Action Plans (see below for additional details). 


The OECD contributed to the setting up of the TFE under the French Presidency and to the definition of its terms of reference. It has since been supporting the TFE on youth employment and quality apprenticeship, job creation and labour activation in particular. It also provided support to TFE members for the crafting of the G20 Employment Action Plans. The Organisation also contributes to monitoring of labour market development and the progress made by countries in implementing the employment agenda set by G20 Leaders.  


LATEST OECD CONTRIBUTIONS UNDER THE AUSTRALIAN PRESIDENCY

Leaders in Brisbane renewed their strong call for collective actions to lift growth and create quality jobs. They endorsed the G20 Employment Action Plans and committed to reducing the gender gap participation in the labour market by 25% by 2025. The OECD analysis has been instrumental in defining this quantitative objective and simulating its impact on jobs and growth, notably with our report Achieving stronger growth by promoting a more gender balanced economy.

Achieving the 25x25 target would bring more than 100 million women into the labour force (as acknowledged by Leaders in the Brisbane communiqué) and, according to OECD estimates, would add between 1.2 and 1.6pc point growth by 2025, thus contributing to the achievement of the 2% additional GDP goal by 2018. The G20 will seek the support of international organisations, led by the ILO and OECD, in measuring progress towards the 25x25 goal.

The OECD also delivered to the TFE elements of diagnosis and policy recommendations on:

  • The main channels through which growth and employment affect each other and the policies that can support strong, sustainable but also job-rich and balanced growth (Achieving Stronger Growth through Better Employment and Social Policies – with the World Bank Group and ILO).

  • Future Sources of Jobs Growth;

  • Effective local strategies to boost quality job creation, employment, and participation;

  • Preventing unemployment and underemployment from becoming structural.

Furthermore, responding to the renewed call of the G20 Leaders to promote youth employment, the OECD, has organized together with the G20 and the European Commission, a G20 conference on quality apprenticeship (9-10 April 2014, Paris, France) to discuss key elements of quality apprenticeships and youth guarantees.

PROMOTING A JOB-RICH RECOVERY AND SKILLS DEVELOPMENT

The OECD has shared its cross-sectoral experience to help the G20 promote a job-rich recovery and skills development.

In particular, the Organisation delivered a report on Boosting Jobs and Living Standards in G20 Countries in April 2012, examining how the G20 economic reform agenda under the G20 Framework for Growth could contribute to job creation.

Some of its elements were incorporated in the new G20 Action Plan on Growth and Jobs endorsed by Leaders at the Los Cabos Summit.


OECD CONTRIBUTIONS TO G20