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OECD Employment Outlook 2019

The Future of Work

image of OECD Employment Outlook 2019

The 2019 edition of the OECD Employment Outlook presents new evidence on changes in job stability, underemployment and the share of well-paid jobs, and discusses the policy implications of these changes with respect to how technology, globalisation, population ageing, and other megatrends are transforming the labour market in OECD countries. The report discusses how labour market regulation might be used to extend rights and protections beyond standard employees, as well as to rebalance bargaining power between employers and workers. It analyses how collective bargaining and social dialogue can be mobilised to address emerging challenges in the labour market, looking at the role of government, social partners and new forms of collective organisation. The role of adult learning is also addressed, with a particular focus on the most vulnerable groups. And finally the report also assesses challenges for social protection policies, presenting evidence on the support gaps affecting different types of worker, and discussing reform avenues for preserving and strengthening the key stabilising role of social protection systems.

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The future of work: New evidence on job stability, under-employment and access to good jobs

The complex interplay of globalisation, technological and demographic changes is generating many new opportunities but also challenges for many workers across the OECD. This chapter provides new evidence on three selected topics that have featured prominently in the debate on the future of work: job stability, under-employment and changes in the share of well-paid jobs. The results point to worsening labour market outcomes for those with less than tertiary education and for the young in several countries. In fact, young workers with less than tertiary education stand out as a group that has experienced a pronounced decline in fortunes across a large number of countries. This raises a two-fold challenge. First, policies must promote better opportunities for school-leavers entering the labour market. Second, policies are needed to improve job prospects for the generation of young people who have faced a very tough labour market environment in the past decade.

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