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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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Enhancing job quality in emerging economies

This chapter provides the first comprehensive analysis of job quality in emerging economies. It extends the OECD Job Quality Framework to better suit the countries considered, while maintaining its fundamental principles and its three broad dimensions: earnings quality, labour-market security and quality of the working environment. The analysis delivers a detailed cross-country picture of job quality across emerging countries and socio-demographic groups, placing particular attention on the gap between formal and informal occupations. Moreover, using panel data from a selection of countries, it presents an in-depth dynamic analysis of transitions in and out of informal jobs, with the aim to investigate whether such occupations may be considered stepping stones or traps leaving permanent scars on workers’ career prospects. Finally, the chapter outlines a set of policy orientations to foster high-quality jobs in emerging economies.

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