OECD employment rate increases to 68.2% in the first quarter of 2018
OECD unemployment rate down to 5.2% in May 2018
Economic growth is picking up and unemployment has reached record lows in some OECD countries but wages continue to stagnate. Unless countries can break this cycle, public belief in the recovery will be undermined and labour market inequality will widen, according to a new OECD report.
Weak labour productivity growth continues to mark the world’s advanced economies and risks compromising improvements in living standards, says a new OECD report.
Migration flows to OECD countries have dropped slightly for the first time since 2011, with around 5 million new permanent migrants in 2017, down from 5.3 million in 2016. This trend is mainly due to a significant decrease in new asylum applications, with 1.2 million applications in 2017 compared to 1.6 million in 2016, according to a new OECD report.
As income inequality has increased since the 1990s, social mobility has stalled, meaning that fewer people at the bottom have moved up while the richest have largely kept their fortunes. This has severe social, economic and political consequences, according to a new OECD report.
OECD unemployment rate down to 5.3% in April 2018
Unions and employers, together with governments, can play a major role in making growth more inclusive and helping workers and businesses face the challenges of a changing world of work. Good labour relations are a way to reduce inequalities in jobs and wages and better share prosperity, according to a new OECD-ILO report.
OECD unemployment rate stable at 5.4% in March 2018
The family-friendly policies introduced by Nordic countries over the past 50 years and associated increases in female employment have boosted growth in GDP per capita by between 10% and 20%, according to a new OECD report.