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This is the eighth edition of Society at a Glance, the OECD’s biennial overview of social indicators. As with its predecessors, this report addresses the growing demand for quantitative evidence on social well-being and its trends across OECD countries. It updates some indicators included in the previous seven editions and introduces several new ones. Data on Argentina, Brazil, China, Colombia, Costa Rica, India, Indonesia, Lithuania, the Russian Federation, Saudi Arabia and South Africa are included separately where available.
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Fifteen percent of the OECD youth population were not in employment, education or training (NEET) in 2015 – about 40 million young people. More than two-thirds of them were not actively looking for work. The total gross income that could have been generated by NEETs in 2014 is estimated to have been between USD 360-605 billion, or 0.9-1.5% of OECD-wide GDP. Job and income uncertainty can keep young people from reaching other traditional markers of adulthood, leaving them disenchanted and discouraged. It can also have serious long-term effects on health, fertility and crime, and eventually endanger social cohesion. Helping young people transition into further education or employment is therefore at the top of the policy agenda in the OECD as evidenced by the G20 target of reducing the number of youth who are low-skilled, NEET or working in the informal sector by 15% until 2025.
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Young people today struggle in the labour market in spite of being the most highly educated generation in history. Unemployment is generally higher among young people than prime age adults, and those who do work tend to have poorer-quality jobs and are much more likely to be on temporary contracts or to earn low wages than older workers.
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Society at a Glance 2016 aims to address the growing demand for quantitative evidence on the social situation, its trends, and its possible drivers across OECD countries. One objective is to assess and compare social outcomes that are currently the focus of policy debates. Another is to provide an overview of societal responses, and how effective policy actions have been in furthering social development. This edition of Society at a Glance discusses policy actions in response to the situation of youth Neither in Employment, Education, nor Training (NEET). Indicators on youth are therefore a particular focus.
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