OECD employment outlook 2014
The OECD Employment Outlook 2014 marks the 20th Anniversary of the OECD Jobs Strategy and includes chapters on recent labour market developments with a special section on earnings/wages, job quality, youth employment, unemployment and unemployment rates, and forms of employment and employment protec...
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| Corporate Authors: | , |
| Format: | eBook |
| Language: | Inglés |
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Paris, France :
OECD
2014.
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| Series: | OECD Employment Outlook,
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| See on Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706834106719 |
Table of Contents:
- Foreword; Table of contents; Editorial: Both more and better jobs are needed for an inclusive recovery from the crisis; Acronyms and abbreviation; Executive summary; Chapter 1. An update on the labour market situation; Key findings; Introduction; 1. Taking stock of the labour market recovery and the short-term outlook; Further progress is needed on the jobs front; Figure 1.1. The jobs recovery has not gone very far yet; Changes in the age and skill composition of the population have also affected employment growth
- Figure 1.2. Population ageing and skill upgrading are having a significant impact on employmentUnemployment and long-term unemployment remain persistently high; Figure 1.3. Unemployment has started to decline, but further progress is required; Box 1.1. What explains stubbornly low employment rates in the United States?; Decomposition of the change in employment in the United States; Figure 1.4. Long-term unemployment remains persistently high; 2. How much of the persistently high increase in unemployment has become structural?
- While the rise in unemployment remains largely cyclical its structural component has also increasedFigure 1.5. The rise in unemployment remains largely cyclical but its structural component has increased; Matching efficiency may have declined in some countries where long-term unemployment has risen sharply; Figure 1.6. The Beveridge curve has shifted out in some countries, but not in others; Nevertheless, cyclical factors continue to account for half or more of the decline in the job-finding prospects among the unemployed
- Figure 1.7. Weak employment prospects reflect weak aggregate demand and reduced matching efficiencyBox 1.2. Sectoral mismatch; Sectoral mismatch follows a cyclical pattern; Conclusions; Notes; References; Database references; Annex 1.A1. Supplementary material; Table 1.A1.1. Recent and projected macroeconomic developments; Table 1.A1.2. Recent and projected labour market developments; Chapter 2. Sharing the pain equally? Wage adjustments during the crisis and recovery; Key findings; Introduction; 1. Wage adjustment during the crisis and recovery
- The persistence of labour market slack has exerted considerable downward pressure on aggregate wage growthFigure 2.1. Real wage growth has fallen; There is also some indication that the responsiveness of wage growth has slowed...; Box 2.1. Rebalancing in the euro area and the role of labour market policies; Adjustments in nominal unit labour costs, real unit labour costs and employment in the euro area; Figure 2.2. Nominal wage growth has tended to become less responsive to unemployment; Box 2.2. Estimating wage-Phillips curves; Regression estimates of wage-Phillips curves
- ... possibly due to the increasing importance of downward wage rigidities or rising structural unemployment
