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OECD Employment Outlook 2015

image of OECD Employment Outlook 2015

The 2015 edition of the OECD Employment Outlook provides an in-depth review of recent labour market trends and short-term prospects in OECD countries. Chapter 1 looks at recent labour market developments focusing on minimum wages, while Chapter 2 draws on the OECD’s International Survey of Adult Skills and considers skills and wage inequality. Chapter 3 looks how policies to get job seekers back into work can help make labour markets more inclusive, while Chapter 4 examines job quality in terms of earnings mobility, labour market risk and long-term inequality. Finally, Chapter 5 discusses how job quality in emerging economies can be enhanced.

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Activation policies for more inclusive labour markets

In this chapter, a new framework is put forward for the design of effective activation policies to connect people with jobs and foster more inclusive labour markets. While activation policies draw on many tools that can be assembled in different ways, the overall package needs to maintain the motivation of jobseekers to actively pursue employment while also improving their employability and expanding their opportunities to be placed and retained in appropriate jobs. The implementation of these three elements – motivation, employability and opportunity – has to be managed by effective and efficient labour market institutions and policies, which are the keystone of any successful activation strategy. These principles are illustrated in the chapter through a review of a wide range of policy experiences and evaluation evidence.

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