20 October is World Statistics Day 2015 – Better Data. Better Lives. Are our lives getting better? Are we measuring the right things?
The vast majority of workers in low- and middle-income countries still work in agriculture and elementary occupation or in blue collar jobs. More surprisingly, this is also the case in several developed OECD countries, despite talk of the digital revolution and knowledge-based economy.
How’s Life? describes the essential ingredients that shape people’s well-being in OECD and partner countries. It includes a wide variety of statistics, capturing both material well-being (such as income, jobs and housing) and the broader quality of people’s lives (such as their health, education, work-life balance, environment, social connections, civic engagement, subjective well-being and safety). The report documents the latest evidence on well-being, as well as changes over time, and the distribution of well-being outcomes among different groups of the population.
This third edition of How’s Life? develops our understanding of well-being in new ways. There is a special focus on child well-being, which finds that not all children are getting a good start in life, and those living in less affluent families face more risks to their well-being. The report introduces new measures to capture some of the natural, human, social and economic resources that play a role in supporting well-being over time. A chapter on volunteering suggests that volunteer work can create a virtuous circle: doing good makes people feel good, and brings a variety of other well-being benefits to both volunteers and to society at large. Finally, the report looks at inequalities in well-being across different regions within countries, demonstrating that where people live can shape their opportunities for living well.
How’s Life? is part of the OECD Better Life Initiative, which features a series of publications on measuring well-being, as well as the Better Life Index, an interactive website that aims to involve citizens in the debate about what a better life means to them.
Combining work and study helps young people develop the skills needed in today’s job market and makes the transitions from school to work shorter and smoother.
Although the present Château de la Muette is modern (circa 1920) and was built at some distance from where the original château stood, the site is steeped in the history of France.
Government debt has risen sharply in most OECD countries. The OECD-wide gross debt-to-GDP ratio increased from 73% of GDP in 2007 to 111% in 2013, the highest ratio since the aftermath of the Second World War. Taking into account various criteria, the OECD suggests that gross debt above about 80% of GDP has detrimental consequences for growth.
In this post-crisis period, restoring trust in governments is essential to reinforce and consolidate the foundations of modern states. It is also a necessary condition for governments to successfully carry out public sector reforms. But where do we stand on citizen's trust?
Labour market conditions are generally improving in OECD countries. However, employment is still growing too slowly in the OECD area to close the jobs gap induced by the crisis by the end of 2016.
Unemployment remains well above its pre‑crisis levels in many OECD countries, reflecting the disappointing pace of the global economic recovery so far. Across the OECD area, more than 42 million people are unemployed, still 7.7 million more than in July 2008.
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The report discusses the changes in perspective and changes in the OECD’s analysis, instruments and tools that are required to gear the OECD towards addressing future challenges in an increasingly interconnected and complex global economy. It maps the policy trade-offs and complementarities and discusses the policy implications and recommendations deriving from NAEC projects to support an inclusive and sustainable growth agenda.