Human capital is key for economic growth. Not only is it linked to aggregate economic performance but also to each individual’s labour market outcomes. However, a skilled population is not enough to achieve high and inclusive growth, as skills need to be put into productive use at work.
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OECD countries are seeing a trend away from traditional employment towards part-time and temporary work and self-employment. However, there are concerns that part-time and temporary work are contributing to inequality and poverty. Policy needs to focus on ensuring that these "non-traditional" jobs are stepping stones to better jobs, not dead ends.
OECD employment rate increases to 66.1% in first quarter of 2015
As the first edition of “Youth Skills day” unfolds, about 40 million youth aged 15-29 in OECD countries are either looking for work or entirely disconnected from the labour market and from education and training.
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.
The jobs recovery is slowly gathering pace, but employment will remain well below pre-crisis levels in many countries, especially in Europe, through to the end of 2016, according to a new OECD report.
Canada should improve the support its employment services offer to help laid-off workers find a new job more quickly, according to a new OECD report.
Read about our groundbreaking report on inequality - In it Together: Why less inequality benefits all - as well as our recent work on tackling harmful alcohol use. You can also find here all our work on employment, migration, health and social policy over the last few months, as well as highlights from this summer's OECD Forum which addressed the theme "Investing in the future: people, planet, prosperity”.
Local policymakers have a critical role to play in developing more resilient and inclusive economies. This event will explore topics ranging from empowering communities through local leadership to new approaches to local economic growth and catalysing growth through people by better harnessing skills and increasing productivity.
OECD Unit Labour Costs up 0.5% in the first quarter of 2015