Skills drive economic growth and can boost social cohesion. With growth increasingly driven by productivity improvements, the future economic and social well-being of OECD countries will depend upon providing our young people with the right skills to succeed in the 21st century job market.
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In Germany, employment continues to grow and the employment rate is now among the highest in the OECD (73.4% in the first quarter of 2014). Consequently, unemployment has fallen to 5.1% (ILO definition) in in the second quarter of 2014– well below the OECD average of 7.4% and less than half of the Euro area’s average at 11.6%.
Two rounds of the Survey of Adult Skills are under way: Round 1 (2008-13) with 24 participating countries, whose results were released in October 2013, and Round 2 (2012-16) with 9 participating countries, whose results will be released in 2016. A third round is scheduled to begin in May 2014.
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OECD Reviews of Vocational Education and Training. A Skills beyond School Review of Germany.
Germany is one of the OECD countries with the lowest barriers to immigration for high-skilled workers. However, long-term labour migration is low in comparison with other countries.
Angel Gurría provides an overview of labour market conditions in OECD countries and explains why large fiscal deficits complicate the policy options even further. He also describes what governments should do to promote a job-rich recovery that benefits all workforce groups, including the most vulnerable.
Babies and Bosses: obwohl Deutschland im OECD-Vergleich einen großen Anteil seiner Wirtschaftsleistung in die Unterstützung von Familien und Kindern investiert, leben hierzulande mehr Kinder in wirtschaftlich prekären Verhältnissen als in den meisten anderen OECD-Ländern. Ein wichtiger Grund dafür ist, dass der Staat in Deutschland für Kinder zwar vergleichsweise großzügige finanzielle Zuschüsse gewährt, aber nur in geringem Umfang