OECD - Latest News [Page 1]

OECD Area Employment Rate Rose To 66.8% In The First Quarter Of 2021, But Wide Disparities Across Countries Are Visible

Tuesday, 27 July 2021, 6:26 pm | OECD

The OECD area employment rate – the share of the working-age population with jobs – rose to 66.8% in the first quarter of 2021, from 66.7% in the previous quarter. Some care is needed in interpreting the latest developments in the OECD employment ... More >>

CLIs Continue To Expand Steadily

Tuesday, 13 July 2021, 5:52 am | OECD

The OECD Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, continue to expand steadily in the OECD area as a whole and in some large emerging-market economies. Among major OECD economies, ... More >>

Post-COVID-19, Building Resilience To Crises & Regaining Citizen’s Trust Should Be A Priority For Governments, Says OECD

Saturday, 10 July 2021, 5:35 am | OECD

The COVID-19 crisis has demonstrated governments’ ability to respond to a major global crisis with extraordinary flexibility, innovation and determination. However, emerging evidence suggests that much more could have been done in advance to bolster ... More >>

Jobs Must Be At Heart Of Recovery To Avoid Deep Scars In Economy And Society, Says OECD

Thursday, 8 July 2021, 5:40 am | OECD

The strong economic recovery underway across OECD countries is yet to fully translate into enough new jobs to get employment levels back to pre-pandemic levels in most member economies according to a new OECD report. The OECD Employment Outlook 2021 ... More >>

OECD-FAO Agricultural Outlook Presents Production, Consumption, Trade And Price Trends For The Coming Decade

Tuesday, 6 July 2021, 5:31 am | OECD

Global agri-food systems need to transform to reach SDGs by 2030 With less than 10 years until the 2030 deadline for achieving the UN Sustainable Development Goals (SDGs), governments need to step up their efforts to meet global food security and ... More >>

OECD Annual Inflation Surges To 3.8% In May 2021

Tuesday, 6 July 2021, 5:23 am | OECD

Year-on-year inflation in the OECD area increased to 3.8% in May 2021, compared with 3.3% in April. Energy prices rose by 18.6% in May, the highest rate since September 2008, compared with 16.3% in April. Nevertheless, food price inflation continued ... More >>

130 Countries And Jurisdictions Join Bold New Framework For International Tax Reform

Friday, 2 July 2021, 5:46 am | OECD

130 countries and jurisdictions have joined a new two-pillar plan to reform international taxation rules and ensure that multinational enterprises pay a fair share of tax wherever they operate. 130 countries and jurisdictions , representing more than 90% ... More >>

Better Measures Of Well-Being Needed For Effective Child Policies

Friday, 2 July 2021, 5:19 am | OECD

Enhancing child well-being benefits society as a whole and is key to fostering prosperity. However, improving policies to help children thrive will require better data on their needs and lived experiences, according to a new OECD report. Measuring What Matters ... More >>

Strengthening Corporate Governance Should Be A Priority To Boost Economic Recovery, Says OECD

Thursday, 1 July 2021, 5:28 am | OECD

The COVID-19 pandemic has exacerbated existing structural weaknesses in the corporate sector and capital markets. Without an effective policy response, the number of undercapitalised and underperforming firms will likely rise and remain high, while an increasing amount ... More >>

Government Support To Agriculture Is Low On Innovation, High On Distortions, Says OECD

Wednesday, 23 June 2021, 5:56 am | OECD

Agricultural support has continued to grow worldwide in recent years, but is often failing to meet its stated aims of improving food security, livelihoods and environmental sustainability, according to a new report from the OECD. Agricultural Policy Monitoring ... More >>

COVID-19 Pandemic Highlights Urgent Need To Scale Up Investment In Lifelong Learning For All, Says OECD

Wednesday, 16 June 2021, 5:37 am | OECD

Countries must step up their efforts to enable people to continue learning throughout their lives to navigate a rapidly changing world of work shaped by globalisation and the consequences of the COVID-19 pandemic, according to a new OECD report. OECD ... More >>

Addressing Complex Housing Policy Challenges Should Be A Central Priority For Governments, OECD Says

Tuesday, 15 June 2021, 6:33 am | OECD

Access to affordable and decent housing is vital for good health, job opportunities and life satisfaction, but housing remains one of the most complex policy challenges facing societies today. Governments must do more to ensure universal access to affordable, ... More >>

G20 GDP Returns To Pre-pandemic Level In The First Quarter Of 2021, But With Large Differences Across Countries

Friday, 11 June 2021, 5:49 am | OECD

Gross domestic product (GDP) of the G20 area returned to pre-pandemic level in the first quarter of 2021, growing by 0.8% compared with the fourth quarter of 2020. However, this figure conceals large differences across countries. Among the G20 economies, ... More >>

OECD Focus On Housing: 14-18 June 2021

Thursday, 10 June 2021, 6:21 am | OECD

Access to affordable and decent housing is vital for good health, job opportunities and life satisfaction, while building to high environmental standards and retrofitting existing dwellings is key to reaching climate objectives. The COVID-19 crisis has ... More >>

CLIs Continue To Increase At A Steady Pace

Thursday, 10 June 2021, 6:18 am | OECD

The OECD Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, continue to point to a steady expansion in the OECD area as a whole . For all major OECD economies, the CLIs now point to a ... More >>

Improving Mental Health Care Key To COVID-19 Pandemic Recovery, Says OECD

Wednesday, 9 June 2021, 5:51 am | OECD

The COVID-19 pandemic has led to a sharp increase in mental ill-health issues, especially among the young, unemployed and those facing financial insecurity. Countries should provide adequate support to those affected, while urgently scaling up investment ... More >>

Marginal Increase In The OECD Unemployment Rate In April 21, To 6.6%, 1.3 Percentage Points Above Its Pre-pandemic Level

Wednesday, 9 June 2021, 5:36 am | OECD

The OECD area unemployment rate increased marginally in April 2021, to 6.6% (from 6.5% in March 2021), 1.3 percentage points above the pre-pandemic rate observed in February 2020. This was the first monthly increase since the April 2020 peak. Some ... More >>

OECD & Global Executives Engage With The Blue Dot Network To Develop Certification For Quality Infrastructure Investment

Tuesday, 8 June 2021, 5:33 am | OECD

The OECD, together with governments of the US, Australia and Japan, has commenced consultations on the development of the Blue Dot Network certification process. The Blue Dot Network seeks to help bridge the global infrastructure investment gap by ... More >>

Statement From OECD Secretary-General Mathias Cormann On The Outcome Of The G7 Finance Ministers’ Meeting

Sunday, 6 June 2021, 5:17 am | OECD

OECD Secretary-General Mathias Cormann welcomed today’s ground-breaking agreement by G7 Finance Ministers on key elements of international tax reform designed to address the tax challenges of the digitalisation and the globalisation of the economy. “Governments ... More >>

Energy Prices Push OECD Inflation To 3.3% In April 2021, The Highest Rate Since October 2008

Thursday, 3 June 2021, 5:36 am | OECD

Annual inflation in the OECD area increased to 3.3% in April 2021, compared with 2.4% in March. Annual energy prices rose sharply by 16.3% in April, the highest rate since September 2008, compared with 7.4% in March. Nevertheless, food price inflation ... More >>