Oecd Employment Outlook 2006: Boosting Jobs and Incomes (O E by OECD

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Section 2 analyses how social protection benefit systems and labour market programmes can best promote participation and employment, while also providing an adequate level of economic security to job losers and other persons without work. In Section 3, attention shifts to issues which have a strong bearing on labour demand, notably wage-setting institutions, the tax system, employment protection legislation and working-time regulation. Product-market regulation is also discussed since there is much evidence that increased competition in product markets can contribute to improving employment and earnings.

C) Excluding Greece, Hungary, Iceland, Mexico, Portugal and Turkey. 6). e) Excluding Hungary, Poland, the Slovak Republic and Turkey. Source: OECD Economic Outlook database. 1787/136042682302 impact on overall labour demand, and relative wages become rigid, with detrimental impact on the allocation of labour resources. Furthermore, the scope for monetary policy to act to stabilise inflation and activity can become circumscribed at low levels of inflation. With inflation relatively low at the onset of the most recent downturn in the world economy, the negative shock risked pushing inflation below zero in a few additional countries.

Overall, household inequality changed relatively little during the past decade, except in the OECD EMPLOYMENT OUTLOOK – ISBN 92-64-02384-4 – © OECD 2006 2. 7. Regional unemployment disparities in 1993 and 2003a Panel A. 15 1993 Panel B. 56 JPN 2 DEU PRT GRC 0 BEL USA NZL NOR NLD -2 ITA FRA CAN -4 AUS GBR -6 ESP -8 -5 0 5 10 15 20 Change in the Theil index of regional unemployment rates a) 1990 and 2000 for Japan, Korea, New Zealand and Switzerland. b) As measured by the Theil index of regional unemployment rates.

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