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OECD
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
Pension Systems – Governments need to quickly put in place more inclusive and harmonised pensions for all OECD says
Governments should urgently reform their pension systems to ensure that the growing share of workers in temporary or part-time employment can contribute enough during their working lives to receive an adequate income in retirement, according to a new OECD report. Pensions at a Glance 2019 says that non-standard employment, such as self-employment, temporary or part-time … Continue reading
Skills – The updated 2019 OECD Strategy
The OECD Skills Strategy provides a strategic and comprehensive approach for ensuring that people and countries have the skills to thrive in a complex, interconnected and rapidly changing world. The updated 2019 OECD Skills Strategy takes account of the lessons learned from applying the original skills strategy in 11 countries since 2012, while also incorporating … Continue reading
Collective Bargaining – Revamp it to prevent rising labour market inequalities in rapidly changing world of work OECD says
Collective bargaining and worker’s voice are key labour rights but can also improve labour market performances, according to new OECD findings. Yet both these rights are under pressure from the general weakening of labour relations in many countries and the rise of new and often precarious forms of employment, according to a new OECD report. … Continue reading
Individual Learning Accounts – A well-designed programme can help countries achieve better training outcomes OECD says
A rise in non-standard work in many countries and an increased fragmentation of worker careers have created new challenges for training policies at a time when structural transformation is raising the need for both re- and up-skilling. Policy makers are searching for new solutions to the challenges set by the future of work and, in … Continue reading
The Squeezed Middle Class – The education and training systems should offer a wider range of learning opportunities at various ages OCDE says
Over the past decade, the OECD has documented the evolution of inequalities in income and opportunities in details in a series of flagship publications, from Growing Unequal? (2008), to Divided we Stand (2011), to In it Together (2015) and the latest release on The Broken Social Elevator that focused on social mobility and showed that … Continue reading
Immigration – OECD countries received slightly more than 5 million new permanent legal migrants in 2017
Preliminary data show that OECD countries received slightly more than 5 million new permanent legal migrants in 2017. This represents the first decline in migration to the area since 2011 (down by around 5%, compared to 2016). This is due, however, to the significant reduction in the number of recognised refugees in 2017 while other … Continue reading
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