By OECD Publishing
The OECD Employment Outlook is an annual book that surveys labour industry stipulations in OECD international locations and analyses problems with curiosity to researchers and coverage makers. The 2011 factor highlights coverage matters regarding: the hot monetary problem and the adequacy of source of revenue aid for the unemployed; social safety and labour markets in rising economies; gains volatility; and skills mismatch. within the wake of the worldwide financial challenge, the query of ways unemployment advantages and different source of revenue help schemes can most sensible cushion source of revenue losses in the course of a deep recession is tested. extra generallly, the chance of huge declines in gains in the course of recessions is analysed and structural labour marketplace reforms are pointed out which may lessen profits volatility over the company cycle. the new international problem has additionally highlighted the significance of social safety schemes in rising economies, and the Outlook indicates how they are often affordable after they are tailored to nationwide labour marketplace stipulations equivalent to a excessive prevalence of casual employment. In all nations, a robust and sustainable financial restoration is much more likely if staff have the talents that employers require and are hired in jobs which make strong use in their talents. New measures of qualification and ability mismatch are awarded and classes drawn for schooling platforms, life-long studying associations and labour industry rules
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Additional resources for OECD Employment Outlook 2011
5 percentage points). Daly et al. 8 percentage points). 7 percentage points), but Kroft and Notowidigdo (2011) and Schmieder et al. 45 percentage points). While there is great uncertainty concerning the size of the impact of the UI benefit extensions, these studies suggest that it has played a role in lengthening unemployment spells, but is not the whole story. * In the United States, the duration of UI benefits, usually limited to six months, has been extended to up to 99 weeks in some states.
While there is great uncertainty concerning the size of the impact of the UI benefit extensions, these studies suggest that it has played a role in lengthening unemployment spells, but is not the whole story. * In the United States, the duration of UI benefits, usually limited to six months, has been extended to up to 99 weeks in some states. Benefit levels were also temporarily increased, as was the COBRA subsidy for health insurance premiums available to some groups of job losers, although most of these measures have already expired.
These anticipations probably reflected widespread 32 OECD EMPLOYMENT OUTLOOK 2011 © OECD 2011 1. INCOME SUPPORT FOR THE UNEMPLOYED: HOW WELL HAS THE SAFETY-NET HELD UP DURING THE “GREAT RECESSION”? 9. Spending on labour market programmes was relatively low in 2007 in most countries where unemployment subsequently rose sharply Panel A. Recession-induced increase in unemployment and long-term unemployment Percentage-point changes a Unemployment rate % 14 Long-term unemployment (% of labour force) 13 12 11 10 9 8 6 4 2 0 OE OE CD IR L ES T ES P IR L ES T ES P N DN K US A SV K GR C HU IT A PO L GB R CZ E NZ L PR T SV N DE U LU X AU T CH E BE L AU S NO R JP N NL D CA N FI N SW E FR A -1 Panel B.