Labour Markets

As part of its surveillance of countrie's economic performance, the OECD reviews labour market developments and assesses how policy can improve the functioning of its market on a regular basis. Over the past years, the OECD has produced a set of country-specific recommendations for reforms in the labour market.

What's new

Economic Survey of Korea 2008

17-Dec-2008

Korea has been hard-hit by the global financial crisis. In addition, it faces a number of medium-term challenges to sustaining growth, notably tax reform, enhancing service sector productivity and reforming the labour market and education system.

Reforming the labour market in Japan to cope with increasing dualism and population ageing

09-Dec-2008

The proportion of non-regular workers has risen to one-third of total employment. While non-regular employment provides flexibility and cost reductions for firms, it also creates equity and efficiency concerns.

Economic Survey of Sweden 2008: Education and youth employment

03-Dec-2008

The Swedish labour market functions well for core workers, but the inclusion of youth could be improved. The OECD Economic Survey takes an economy-wide perspective and advocates both education and labour market policy measures. In particular, vocational programmes would make youth more job-ready.

Economic Survey of Spain 2008

19-Nov-2008

The main challenges facing the Spanish economy are to minimise the economic costs of the current downturn, move workers shed to new jobs, and to raise sustainable productivity growth including by improving human capital formation and competition in product markets.

What Drives the NAIRU? Evidence from a Panel of OECD Countries

17-Nov-2008

This paper analyses the determinants of structural unemployment rates in a two-stage approach. First, time-varying NAIRUs are estimated for a panel of OECD economies on the basis of Phillips curve equations using Kalman filter techniques. In a second stage, the estimated NAIRUs are regressed on selected policy and institutional variables.

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