The OECD Employment Outlook is OECD's annual assessment of labour market developments and prospects in its member countries. After presenting an overview of developments and prospects, this 2004 edition examines aspects of working time including scheduling and family arrangements; employment protection regulations' effects on labour market performance, wage-setting institutions and outcomes, the effects of training on aggregate employment and job prospects, and transitioning from informal employment to a salaried economy. An extensive statistical annex is included.
- Publication Date :
- 07 July 2004
- DOI :
Employment Protection Regulation and Labour Market Performance
- Pages :
- DOI :
Show Abstract /
There has been heated policy debate on the costs and benefits of regulations governing dismissals and other features of employment protection. The key issue is how to keep a balance between the need for firms to adapt to ever-changing market conditions on the one hand, and workers’ employment security on the other. Do employment protection regulations have an impact on firms’ hiring and firing decisions and is this impact different across demographic groups? Do such regulations explain the high incidence of temporary work recorded in certain countries? How to instil labour market dynamism while also protecting workers against job and income loss? ...