Job Market Monitor
OECD
OECD / Europe’s youth is explosive issue, not deflation
“The problem is jobs, jobs, jobs,” Gurria said in an interview with Bloomberg Television from Davos, Switzerland Continue reading
US Unemployment Rate / What if those who have left the labor force since the start of the Great Recession are counted ?
3.5% of the working-age population has left the labor force since the start of the Great Recession. Should those people be also counted as unemployed? If so, here is what the unemployment rate trend would look like Continue reading
Spain / Do more labour market reforms OECD urges
Spain could further cut severance pay and better match training programmes to business needs among new steps to reduce Europe’s second-highest jobless rate, the OECD organization of wealthy countries said in a report on Wednesday. The report by the Organization for Economic Co-Operation and Development praised Spain, which is just emerging from a prolonged economic … Continue reading
OECD / How’s life? The Better Life Index gives answers
There is more to life than the cold numbers of GDP and economic statistics – This Index allows you to compare well-being across countries, based on 11 topics the OECD has identified as essential, in the areas of material living conditions and quality of life. For over fifty years, the Organisation for Economic Cooperation … Continue reading
UK / Shouldn’t waste the potential of so many of its citizens writes The Guardian
Recent research on adult skill levels in 24 rich nations sparked a rush of headlines on the inadequacy of our education system. England came 15th in literacy and 17th in numeracy in the global league table, based on a study by the Organisation for Economic Co-operation and Development (OECD). The report also revealed that people … Continue reading
OECD / Employment rate still 1.4 percentage points below pre-crisis level
The OECD area employment rate – defined as the share of people of working-age who are employed – was 65.1% in the second quarter of 2013, 0.1 percentage point higher than in the previous quarter Continue reading
OECD / Skills: the ranking
Some countries have made significant progress in improving skills proficiency Older Koreans have low skills while younger ones are top performers. The Survey of Adult Skills results show how effective countries have been in developing literacy skills through successive generations. The gains made in some countries illustrate the pace of progress that is achievable. For … Continue reading
OECD / How Inequality in skills is associated with inequality in income
How literacy skills are distributed across a population also has significant implications on how economic and social outcomes are distributed within the society. The Survey of Adult Skills shows that higher levels of inequality in literacy and numeracy skills are associated with greater inequality in the distribution of income, whatever the causal nature of this … Continue reading
OECD / Countries with greater skills inequality have higher income inequality
The low-skilled are more likely than others to be unemployed, have bad health and earn much less, according to the first OECD Survey of Adult Skills. Countries with greater inequality in skills proficiency also have higher income inequality. The OECD Survey of Adult Skills is the new PISA for adults (otherwise known as PIAAC). The Survey … Continue reading
OECD / The number of tertiary educated immigrants in the OECD increased by 70% in the past to 27 million
The number of tertiary educated immigrants in the OECD increased by 70% in the past decade to reach 27 million in 2010/11. About 30% of all migrants in the OECD area were highly educated and one-fifth of them were originating from India, China or the Philippines. Chosen excerpts by Job Market Monitor. Read the whole story … Continue reading
Ireland / Coalition told to act on jobs by OECD
The Government is facing renewed international pressure to do more to tackle the jobs crisis and boost economic growth Continue reading
Canada / Higher Education reduces youth unemployment
Canada’s young work force has profited from one of the strongest education systems in the industrialized world Continue reading
Eurozone jobless rate Gap widening says OECD average
The unemployment landscape in the eurozone worsened slightly in May, diverging further from the overall rate of 8.0 percent in advanced countries, the OECD said on Tuesday Continue reading
Turkey / The highest NEET ratio among OECD
Turkey has the highest proportion of young people neither in employment nor in Education or training (NEETs) among Organization for Economic Cooperation and Development countries, according to the OECD Continue reading
Mexico / OECD Alerts About The ‘NiNis’, Ni Estudian, Ni Trabajan, the NEET
Mexico has the highest number of young people that neither study nor work. It is the third country, among those countries that belong to the OECD and ten more, with the biggest number of what they call “the NiNis” (Ni Estudian, Ni Trabajan) Continue reading
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