Jobs and skills

 

Millions of jobs were lost during the recession and many OECD countries are struggling to replace them. This crisis is putting a fresh focus on the role of labour and education policies in tackling unemployment.

 

Education: an investment in the future

  • Increasingly, tertiary graduates are more likely to have a job than people who haven’t finished secondary education – a trend the recession hasn’t changed. That underlines the growing importance of skilled workers in the global economy. 

  • It also backs the case for investing in education, even when other areas of public spending are under pressure. “Education is an essential investment for responding to the changes in technology and demographics that are re-shaping labour markets,” says OECD Secretary-General Angel Gurría.

  • Find out more about how OECD countries, and other major economies, compare on education investment and performance in OECD Education at a Glance.

» Highlights from OECD Education at a Glance 2010

» Want to work? Stay in college! (OECD blog post) 

» Governments should expand tertiary studies to boost jobs and tax revenues (Press release)

 

 

 

Jobs: 15 million needed to fill the gap

 

 
  • Even though their economies are picking up, OECD countries will still face a jobs gap of 15 million by the end of 2011. That’s the number of jobs they’ll need to create to get unemployment back to where it was before the recession.

  • Doing that won’t be easy: Many OECD economies are recovering only slowly from the recession. And even some that are doing relatively well aren’t creating many new jobs. In some countries that’s raising fears of a jobless recovery and long-term structural unemployment.

  • Another challenge: Spending is under pressure as governments try to rein in rising public debts. Clearly, money will still need to be found to help create jobs. But governments will need to use it as effectively as possible – that means doing more with less.

» Download the corresponding data in Excel 

» Read more at the OECD Insights blog  

» Find out more in the 2010 OECD Employment Outlook 

» Jobs: questions and answers
» Key job statistics

     

"Creating new jobs while cutting public debts is a daunting challenge, but one that needs to be tackled head on"

OECD Secretary-General Angel Gurria, launch of the Employment Outlook 2010 (Read the full speech).

 

Explaining the jobs gap: the story behind the numbers

With the global economy still fragile, unemployment will likely stay high until the end of 2011. This video examines which countries have been hit hardest and how many jobs they will need to create to get back to pre-crisis levels.

»  What’s happening in your country 

»  Spending cuts would extend jobs crisis, unions say  

»  The roots of the jobs crisis (OECD blog post)

»  Immigrants bear brunt of jobs crisis (OECD blog post)

»  What the papers say

» What civil society say

 

 

Can we bridge the skills gap?

  • Low-skilled workers suffered big job losses during the recession (see figure right). That confirmed a trend seen in developed countries in recent decades: People with low levels of education and skills are finding it ever tougher to get well-paid work.

  • What can be done? People need the chance to make the most of their abilities through education and training. That benefits not just individuals – who are able to make a living and contribute to society – but us all by raising human capital, which in turn drives economic growth.

  • This doesn’t just happen in the classroom. Decent childcare can help children from poorer families to overcome disadvantage; vocational training can complement academic courses in secondary education; universities can provide the skills needed for the knowledge economy; and in adult life, people can continually upgrade their learning and skills.  

 

» An A to Z on education and training

 

Related reading

Education

Education data

Employment

Employment data

 

 

 

Countries list

  • Afghanistan
  • Albania
  • Algeria
  • Andorra
  • Angola
  • Anguilla
  • Antigua and Barbuda
  • Argentina
  • Armenia
  • Aruba
  • Australia
  • Austria
  • Azerbaijan
  • Bahamas
  • Bahrain
  • Bangladesh
  • Barbados
  • Belarus
  • Belgium
  • Belize
  • Benin
  • Bermuda
  • Bhutan
  • Bolivia
  • Bosnia and Herzegovina
  • Botswana
  • Brazil
  • Brunei Darussalam
  • Bulgaria
  • Burkina Faso
  • Burundi
  • Cambodia
  • Cameroon
  • Canada
  • Cape Verde
  • Cayman Islands
  • Central African Republic
  • Chad
  • Chile
  • China (People’s Republic of)
  • Chinese Taipei
  • Colombia
  • Comoros
  • Congo
  • Cook Islands
  • Costa Rica
  • Croatia
  • Cuba
  • Cyprus
  • Czech Republic
  • Côte d'Ivoire
  • Democratic People's Republic of Korea
  • Democratic Republic of the Congo
  • Denmark
  • Djibouti
  • Dominica
  • Dominican Republic
  • Ecuador
  • Egypt
  • El Salvador
  • Equatorial Guinea
  • Eritrea
  • Estonia
  • Ethiopia
  • European Union
  • Faeroe Islands
  • Fiji
  • Finland
  • Former Yugoslav Republic of Macedonia (FYROM)
  • France
  • French Guiana
  • Gabon
  • Gambia
  • Georgia
  • Germany
  • Ghana
  • Gibraltar
  • Greece
  • Greenland
  • Grenada
  • Guatemala
  • Guernsey
  • Guinea
  • Guinea-Bissau
  • Guyana
  • Haiti
  • Honduras
  • Hong Kong, China
  • Hungary
  • Iceland
  • India
  • Indonesia
  • Iraq
  • Ireland
  • Islamic Republic of Iran
  • Isle of Man
  • Israel
  • Italy
  • Jamaica
  • Japan
  • Jersey
  • Jordan
  • Kazakhstan
  • Kenya
  • Kiribati
  • Korea
  • Kuwait
  • Kyrgyzstan
  • Lao People's Democratic Republic
  • Latvia
  • Lebanon
  • Lesotho
  • Liberia
  • Libya
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Macao (China)
  • Madagascar
  • Malawi
  • Malaysia
  • Maldives
  • Mali
  • Malta
  • Marshall Islands
  • Mauritania
  • Mauritius
  • Mayotte
  • Mexico
  • Micronesia (Federated States of)
  • Moldova
  • Monaco
  • Mongolia
  • Montenegro
  • Montserrat
  • Morocco
  • Mozambique
  • Myanmar
  • Namibia
  • Nauru
  • Nepal
  • Netherlands
  • Netherlands Antilles
  • New Zealand
  • Nicaragua
  • Niger
  • Nigeria
  • Niue
  • Norway
  • Oman
  • Pakistan
  • Palau
  • Palestinian Administered Areas
  • Panama
  • Papua New Guinea
  • Paraguay
  • Peru
  • Philippines
  • Poland
  • Portugal
  • Puerto Rico
  • Qatar
  • Romania
  • Russian Federation
  • Rwanda
  • Saint Helena
  • Saint Kitts and Nevis
  • Saint Lucia
  • Saint Vincent and the Grenadines
  • Samoa
  • San Marino
  • Sao Tome and Principe
  • Saudi Arabia
  • Senegal
  • Serbia
  • Serbia and Montenegro (pre-June 2006)
  • Seychelles
  • Sierra Leone
  • Singapore
  • Slovak Republic
  • Slovenia
  • Solomon Islands
  • Somalia
  • South Africa
  • South Sudan
  • Spain
  • Sri Lanka
  • Sudan
  • Suriname
  • Swaziland
  • Sweden
  • Switzerland
  • Syrian Arab Republic
  • Tajikistan
  • Tanzania
  • Thailand
  • Timor-Leste
  • Togo
  • Tokelau
  • Tonga
  • Trinidad and Tobago
  • Tunisia
  • Turkey
  • Turkmenistan
  • Turks and Caicos Islands
  • Tuvalu
  • Uganda
  • Ukraine
  • United Arab Emirates
  • United Kingdom
  • United States
  • United States Virgin Islands
  • Uruguay
  • Uzbekistan
  • Vanuatu
  • Venezuela
  • Vietnam
  • Virgin Islands (UK)
  • Wallis and Futuna Islands
  • Western Sahara
  • Yemen
  • Zambia
  • Zimbabwe