Job Market Monitor
OECD
Immigration in OECD – a new record in 2023, with 6.5 million migrants arriving
Permanent migration to OECD countries hit a new record in 2023, with 6.5 million migrants arriving. The number of temporary migrants and asylum seekers has also risen sharply, according to a new OECD report. International Migration Outlook 2024 says that most of the 2023 increase in permanent-type migration was driven by family migration (+18%). Humanitarian … Continue reading
Skills for the Green Transition – The OECD Employment Outlook 2024
Skills for the green transition Abstract Analysing skills in the context of the net-zero transition is crucial as it helps identify mismatches between existing workforce competences and those demanded by emerging green activities. Addressing these gaps through training and education ensures a smoother transition, but policies need to be carefully designed. To this end, this … Continue reading
Job Quality in OECD Countries – An improvement between 1997 and 2015 but both stressful work and hard work increased
The distribution of job quality across workers and the change in job quality over time can be measured by job-domain indices or single-index job-satisfaction. We have analysed the changes in job quality in OECD countries over a twenty-year period, where job quality is measured both via indices of a number of specific job characteristics and … Continue reading
Ageing Workforce in OECD – People between the ages of 45 and 64 account for some 40% of the working-age population
The world of work is getting older in advanced and an increasing number of emerging economies. Today people between the ages of 45 and 64 account for some 40% of the working-age population in OECD countries, up from 28% in 1990.Two powerful and persistent trends, longer lifespans and lower birth rates, all but guarantee that … Continue reading
Immigration to OECD Countries in 2022 – 26% increase compared with 2021
Permanent migration to OECD countries reached 6.1 million in 2022, a 26% increase compared with 2021, and its highest level since at least 2005. 15 out of the 38 OECD countries registered in 2022 their highest levels of permanent migration over the past 15 years. Rising labour migration was one contributing factor, as migrant workers … Continue reading
Annual Working Hours in OECD Countries – A Chart
Where do people work the most? Explore our analysis of the average annual working hours across OECD countries. Source: Visualizing Annual Working Hours in OECD Countries
Nurses in OECD – Their number has never been greater, yet …
The number of nurses has never been greater in OECD countries, yet this hasn’t been sufficient to meet the growing demand from the pandemic & population ageing. Source : @OECD_Social
Unemployment in OECD (April 2022) – Dropping for the first time below the pre-pandemic rate
Two years since the COVID-19 pandemic began, the unemployment rate in the OECD area fell to 5.2% in February 2022 (from 5.3% in January), dropping for the first time below the pre-pandemic rate recorded in February 2020 (see Figure 1) and reaching the lowest level since the start of this data series in 2001. The … Continue reading
Structural Reform in OECD – Labour market reforms with active labour market policies would boost living standards by 21⁄2 per cent
This paper updates the long-term scenarios to 2060 last published in July 2018, with a special focus on fiscal sustainability and risks. In a baseline economic and fiscal scenario, trend real GDP growth for the OECD + G20 area declines from around 3% post-COVID to 1½ per cent in 2060, mainly due to a deceleration … Continue reading
Public Retirement Programs in the OECD – The age of eligibility
As documented in the study Canada’s Aging Population and Implications for Government Finances and elsewhere, Canada’s federal and provincial governments will experience financial pressures from increases in spending on such pro- grams as health care and income support for seniors. Canada is not unique in dealing with an aging population. The Organization for Economic Cooperation … Continue reading
Active Labour Market Policies in OECD – Could improve living standards by as much as 9-10% by 2060
This paper updates the long-term scenarios to 2060 last published in July 2018, with a special focus on fiscal sustainability and risks. In a baseline economic and fiscal scenario, trend real GDP growth for the OECD + G20 area declines from around 3% post-COVID to 1½ per cent in 2060, mainly due to a deceleration … Continue reading
COVID and Migration – The largest drop ever recorded in OECD countries
Migration flows have increased over the past decade and some progress has been made to improve the integration of immigrants in the host countries. But some of these gains may be erased by the COVID-19 pandemic and its economic fallout. Governments need to secure the health and safety of all workers in essential activities and … Continue reading
Employment Outlook 2020 – Unemployment will remain high into 2021, more so should a second pandemic wave hit says OECD
Unemployment is projected to reach nearly 10% in OECD countries by the end of 2020, up from 5.3% at year-end 2019, and to go as high as 12% should a second pandemic wave hit. A jobs recovery is not expected until after 2021. And now must keep up support while building resilience Help those in … Continue reading
COVID and Tax and Fiscal Policy – They should continue to support households and businesses through containment, then shift to bolstering recovery OECD says
Tax and fiscal policy responses are playing a critical role in limiting the hardship caused by containment measures, and should continue to do so as governments seek to support households and businesses, protect employment and pursue economic recovery from the global pandemic, according to new OECD analysis. Tax and Fiscal Policy in Response to the … Continue reading
COVID in OECD – Efforts should be intensified says OECD
Efforts to contain virus and save lives should be intensified, and governments should plan stronger, more coordinated measures to absorb growing economic blow Increasingly stringent containment measures needed to slow the spread of the Coronavirus (Covid-19) will necessarily lead to significant short-term declines in GDP for many major economies, according to new OECD projections. OECD … Continue reading
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