This 30th edition of the OECD Employment Outlook examines the labour market performance of OECD countries as well as the prospects in the short term. Chapter 1 offers an overview of recent developments, focusing on how marginalised groups (youth, the low skilled, women, the chronically unemployed) have fared during the crisis. Chapter 2 looks at what structural factors may contribute to labour markets being able to weather economic downturns with limited social costs. Chapter 3 examines the relationship of labour compensation to domestic output. Chapter 4 looks at the policy challenges posed by green growth and jobs. The chapters are complemented by a comprehensive statistical annex.

Table of Content :

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?
-Conclusions
-References
-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
-Introduction
-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
-Conclusions
-References
Chapter 3. Labour Losing to Capital: What Explains the Declining Labour Share??
-Key findings
-Introduction
-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
-Conclusions
-References
-Annex 3.A1. Data Construction and Sources
Chapter 4. What Green Growth Means for Workers and Labour Market Policies: An Initial Assessment
-Key findings
-Introduction
-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?
-Conclusions?
-References
-Annex 4.A1. List of Industries Used in the Analysis of Worker Mobility in Section 2
Statistical Annex