1887

OECD Employment Outlook 2022

Building Back More Inclusive Labour Markets

image of OECD Employment Outlook 2022

Two years into the pandemic, economic activity has recovered faster than expected. However, the labour market recovery is still uneven across sectors and is threatened by the economic fallout from Russia’s aggression against Ukraine, which has generated the fastest growing humanitarian crisis in Europe since World War II, sending shockwaves throughout the world economy. The 2022 edition of the OECD Employment Outlook reviews the key labour market and social challenges for a more inclusive post-COVID‑19 recovery. It also examines the policies to address these challenges and the outlook ahead. Particular attention is given to frontline workers and groups lagging behind in this recovery (young people, workers with less education, and racial/ethnic minorities). The Outlook also addresses a number of long-standing structural issues that have a key relevance for labour market inclusiveness, such as employer market power and its labour market consequences, the role of firms in wage inequality, and the effect of working time policies on well-being and economic outcomes.

English Also available in: French

Supporting jobs and incomes: An update on the policy response to the COVID‑19 crisis

Countries’ labour market and social policy response to the COVID‑19 crisis was fast, decisive and helped to avoid an economic and social meltdown. Two and a half years after the onset of the COVID‑19 pandemic, this chapter takes stock of the crisis measures still in place, with a focus on the policy areas where action has been particularly important: job retention schemes; unemployment benefits; paid sick leave; active labour market policies; and specific policies for women, young people, frontline workers and racial/ethnic minorities. It also presents an overview of countries’ labour market and social policy challenges and priorities for 2022, including those due to the economic fallout from Russia’s unprovoked war of aggression against Ukraine.

English Also available in: French

Graphs

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error