World Employment And Social Outlook

This report provides an overview of global and regional trends in employment, unemployment, labour force participation and productivity, as well as dimensions of job quality such as employment status, informal employment and working poverty. It also examines income and social developments, and provides an indicator of social unrest. Key findings are that are unemployment is projected to rise after a long period of stability, and that many people are working fewer paid hours than they would like or lack adequate access to paid work. The report also takes a close look at decent work deficits and persistent labour market inequalities, noting that income inequality is higher than previously thought.

This year's World Employment and Social Outlook: Trends examines global and regional trends in employment, unemployment, labour force participation and productivity, as well as dimensions of job quality such as employment status, informal employment and working poverty. It also provides extensive analysis of the crisis's varied impact on enterprises and workers.The report forecasts that employment recovery, though strong, will be insufficient to close the gaps. Workers whose labour market position was disadvantageous prior to the crisis - women, young people, migrants, informal workers and workers in lower-skilled occupations - suffered disproportionately. The report proposes a human-centred recovery strategy to avoid scarring of global labour markets for the years to come.

This edition takes stock of the current global labour market situation, assessing the most recent employment developments and forecasting unemployment levels in developed, emerging and developing countries. It also focuses on trends in job quality, paying particular attention to working poverty and vulnerable employment. Global GDP growth hit a six-year low in 2016, at 3.1 per cent, well below the rate projected in the previous year. Looking ahead, global economic growth is expected to pick up modestly in 2017 (3.4 per cent) and 2018 (3.6 per cent). However, as this report highlights, the forecasts for growth for 2017 have continually been revised downwards over recent years (from over 4.6 per cent forecast in 2012 to 3.4 per cent forecast in 2016) and there is persistent elevated uncertainty about the global economy. The rather disappointing economic performance in 2016 and the below-trend outlook for 2017 raise concerns about the ability of the economy to (i) generate a sufficient number of jobs, (ii) improve the quality of employment for those with a job, and (iii) ensure that the gains of growth are shared in an inclusive manner. Countries around the globe are facing the twin challenges of repairing the damage caused by the crisis and creating quality employment opportunities for new labour market entrants.

The report examines the impacts of the crisis on global and regional trends in employment, unemployment and labour force participation, as well as on job quality, informal employment and working poverty. It also offers an extensive analysis of trends in temporary employment both before and during the COVID-19 crisis.This year's report provides a comprehensive assessment of how the labour market recovery has unfolded across the world in response to different country measures to tackle the pandemic. It analyses global patterns, regional differences and outcomes across economic sectors and groups of workers. The report also presents projections for the expected labour market recovery

The World Employment and Social Outlook: Trends 2015 includes a forecast of worsening global unemployment levels and explains the factors behind it, such as continuing inequality and falling wage shares. The report looks at the drivers of the rising middle class in the developing world as well as the risk of social unrest, especially in areas of elevated youth unemployment. It also addresses structural factors shaping the world of work, including an aging population and shifts in the skills sought by employers.

This 2007 edition of OECD's annual Employment Outlook presents a series of articles supporting the recommendation that rather than seeing globalisation as a threat, OECD governments should focus on improving labour regulations and social protection systems to help people adapt to job markets.

The report covers the extent and consequences of the labour market disruption caused by overlapping economic and geopolitical crises and analyses global patterns, regional differences and outcomes across groups of workers. The report pays particular attention to the impact of the different crises on productivity, job quality and job opportunities and how these trends risk undermining social justice around the world.

The 2017 edition of the OECD Employment Outlook reviews recent labour market trends and short-term prospects in OECD countries.