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2009 OECD Employment Outlook: Tackling the Jobs Crisis
ISBN:
978-92-64-06791-2
Published:
16 September 2009
No. pages: 250
Edition: 2009
The OECD Employment Outlook provides an annual assessment of labour market developments and prospects in member countries.
This issue focuses on the jobs crisis in particular and looks at steps taken by governments to help workers and the unemployed.
It recommends ways of preventing current high levels of unemployment becoming entrenched.
It will provide a basis for discussions by OECD Employment Ministers at a meeting in Paris on 28-29 September
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Table of contents
Chapter 1. The jobs crisis: what are the implications for employment and social
policy?
Chapter 2. How do industry, firm and worker characteristics shape job and worker
flows?
Chapter 3. Is work the best antidote to poverty?
Chapter 4. Pathways onto (and off) disability benefits: assessing the role of policy
and individual circumstances
The current unemployment hike is the worst in recent decades
The unemployment rate in the OECD area reached 8.5% in July 2009 and it could approach 10% by 2010. This is the steepest increase in the post-war period.
Most countries have scaled up resources for labour market and social policies to support the rapidly growing number of unemployed, but additional funds are often rather limited and governments are facing difficult choices on how best to respond to the different demands.
There are significant cross-country differences in worker reallocation rates across all industries
Each year, more than 20% of jobs, on average, are created and/or destroyed, and around one third of all workers are hired and/or separated from their employers.
There are significant differences across countries in job and worker flows, but in all cases they contribute to productivity growth.
Employment considerably reduces
the poverty risk
Prior to the crisis, 1 individual in 10 was poor on average in OECD countries and more than 1 in 3 among those living in jobless households.
Anti-poverty policies need to be strengthened in a number of countries, notably for families with children who are the most vulnerable.
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