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OECD Employment Outlook 2012
OECD Publishing , Publication date:  10 Aug 2012
Pages: 260 , Language: English
Version: Print (Paperback) + PDF
ISBN: 9789264166684 , OECD Code: 812012011P1
Price:   €80 | $112 | £72 | ¥10400 | MXN1440 , Standard shipping included!
Availability: Available (Print on Demand)
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Other languages:  Spanish (Available) French (Available (Print on Demand))
Superseded by: OECD Employment Outlook 2014 - (Available)
Other Versions:  E-book - PDF Format

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Frequency: Annual   Charts: 105 


This 30th edition of the OECD Employment Outlook examines recent labour market trends and short-term prospects in OECD countries. It finds that the recovery from the recent economic and financial crisis has been slow and uneven. Unemployment remains unacceptably high in many countries and long-term unemployment has risen, increasing the risk of higher unemployment becoming entrenched. An analysis of how labour markets weather economic shocks shows that policies to lower structural unemployment also help to dampen the adverse effects of economic downturns on unemployment, earnings losses and earnings inequality. The report documents the decline in the labour share of national income that has been occurring in many OECD countries, primarily as a result of globalisation and technological change. Enhanced investment in education and better targeted tax and transfer programmes can help to ensure that the fruits of economic growth are more broadly shared. Finally, the impact of climate-change mitigation policies on the labour market is examined. Some sectors could experience large employment changes even if the impact on the overall level of employment may only be small. As for other structural shocks, policies should be put in place to facilitate labour market mobility.

Table of contents:

Editorial: Achieving a Sustainable Recovery – What Can Labour Market Policy Contribute?
Chapter 1. Waiting for the Recovery: OECD Labour Markets in the Wake of the Crisis
-Key findings
-1. Recent labour market developments and future prospects
-2. A growing marginalisation among the jobless?
-3. Has structural unemployment started to increase?
-Annex 1.A1. OECD Labour Market Projections from May 2012
-Annex 1.A2. Job-vacancy Statistics
Chapter 2. What Makes Labour Markets Resilient During Recessions?
-Key findings
-1. The impact of the global financial crisis on labour markets and the role of policies: A first look
-2. Macroeconomic analysis of the role of structural policies and institutions for labour market resilience
-3. Microeconomic analysis of the role of structural policies and institutions for labour market resilience
Chapter 3. Labour Losing to Capital: What Explains the Declining Labour Share? 
-Key findings
-1. Trends in the labour share
-2. What explains the within-industry decline of the labour share?
-3. Collective bargaining, workers’ bargaining power and the labour share
-4. Minimum wages, employment protection and the labour share
-Annex 3.A1. Data Construction and Sources
Chapter 4. What Green Growth Means for Workers and Labour Market Policies: An Initial Assessment
-Key findings
-1. The labour market implications of a transition to green growth: Insights from general-equilibrium modelling
-2. Direct impacts on employment and skill requirements in key winning and losing sectors: Lessons from partial-equilibrium analysis
-3. An active role for labour market and skill policies: Establishing good general framework conditions
-4. An active role for labour market and skill policies: What role or green-specific measures?
-Annex 4.A1. List of Industries Used in the Analysis of Worker Mobility in Section 2
Statistical Annex

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