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OECD Employment Outlook 2008

image of OECD Employment Outlook 2008

As ageing populations put more downward pressure on economic growth in the coming decades, it is essential that OECD countries improve labour market performance.  This edition of OECD's annual report on labour markets brings the reader not only detailed information on recent labour market developments, but also in-depth analysis of the effects of various policy measures and prospects through 2009.  The analysis includes coverage of of the youth labour market in OECD Countries; informal employment and undeclared work; labour market discrimination and policies to combat it; the link between job stress and mental health problems; and the pay and working conditions offered by multinational firms. This book includes StatLinks, URLs which link statistical tables and graphs to Excel spreadsheets on the internet.

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Off to a Good Start? Youth Labour Market Transitions in OECD Countries

The chapter first provides an overview of youth labour market performance over the past decade. It then presents evidence on the sensitivity of teen and young adult unemployment to the business cycle and the increased prominence of temporary and part-time jobs as modes of entry into work. Several indicators of the pace and modality of the school-to-work transition following completion of initial education are then presented and the quality of youth jobs is analysed, including the extent to which temporary and low-paid jobs serve as stepping stones to better jobs. Lastly, the chapter underlines the difficulty of moving out of non-employment for some school leavers – especially those who did not successfully complete secondary schooling – despite the overall fluidity of the youth labour market.

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