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The favourable development of the German labour market since 2009 has continued during 2015. The employment rate for the population aged 15 to 74 years is projected to surpass 65% over the course of 2016 well above the OECD average of 60.5%.
The Secretary-General attended the Petersberg Climate Dialogue VII and delivered remarks at the session on “Making finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development”.
The OECD is pleased to announce the appointment of a new Chair of its Committee on Fiscal Affairs (CFA), Mr. Martin Kreienbaum of Germany.
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This note presents selected findings based on the set of well-being indicators published in How's Life? 2016.
The Annual International Transport Forum Summit is the unique platform for a global conversation on strategies for transport in the 21st century. It will take place in Leipzig, Germany from 18-20 May 2016, under the Presidency of Denmark under the theme "Green and Inclusive Transport ".
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Germany has the 3rd highest tax wedge among the 34 OECD member countries. The country occupied the same position in 2014. The average single worker in Germany faced a tax wedge of 49.4% in 2015, compared with the OECD average of 35.9%.
The Secretary-General attended a meeting of the Heads of international organisations and presented the 2016 OECD Economic Survey of Germany.
The German economy has recovered well from the most severe economic crisis of our lifetime. In spite of continued global economic turbulence, growth is now steady at 1.4% in 2015 and close to 1.3% in 2016. We are expecting this growth to improve slightly to 1.7% in 2017.
Germany is achieving good labour market outcomes and the recently introduced minimum wage has improved the situation of low wage earners. Main challenges are subdued investment, population ageing as well as the employability of refugees. Strengthening entrepreneurship and competition would boost investment. Policies could do more to help parents to reconcile professional and family obligations.
Germany is in a solid economic position, but ageing and technological change require new investments in people to ensure a stronger and more inclusive society, according to the latest OECD Economic Survey of Germany.