OECD - Latest News [Page 1]

OECD Area Employment Rate Rose By 1.0 Percentage Point In The 4th Quarter Of 2020, But Remains Below Pre-pandemic Level

Friday, 16 April 2021, 5:28 am | OECD

The OECD area employment rate – the share of the working-age population with jobs – rose by 1.0 percentage point in the fourth quarter of 2020, to 66.7%, remaining 1.9 percentage points below the rate observed in the first quarter of 2020. In the ... More >>

Policy Reset Can Deliver A Stronger, More Resilient, Equitable And Sustainable Post-pandemic Recovery, OECD Says

Thursday, 15 April 2021, 6:16 am | OECD

The COVID-19 pandemic has brought social and economic disruption worldwide, but is also providing governments with the opportunity to put economies on a more sustainable and inclusive growth path while addressing the underlying challenges, according to ... More >>

COVID-19 Spending Helped To Lift Foreign Aid To An All-time High In 2020 But More Effort Needed – OECD

Wednesday, 14 April 2021, 5:52 am | OECD

Foreign aid from official donors rose to an all-time high of USD 161.2 billion in 2020, up 3.5% in real terms from 2019, boosted by additional spending mobilised to help developing countries grappling with the COVID-19 crisis, according to preliminary ... More >>

CLIs Continue To Strengthen In Most Major Economies

Wednesday, 14 April 2021, 5:24 am | OECD

The OECD Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, continue to strengthen in most major economies. In the United States, the CLI continues to increase at a steady pace, driven by the ... More >>

Marginal Fall In OECD Unemployment Rate In February 2021, To 6.7%, 1.4 Percentage Points Above Its Pre-pandemic Level

Tuesday, 13 April 2021, 5:57 am | OECD

The OECD area unemployment rate declined in February 2021, to 6.7% (from 6.8% in January), remaining 1.4 percentage points above the level observed in February 2020, before the COVID-19 pandemic hit the labour market. [1] In February 2021, the unemployment ... More >>

OECD Reports To G7 On Need To Strengthen Economic Resilience Against Crises

Wednesday, 24 March 2021, 7:18 am | OECD

Creating an emergency Rapid Response Forum to ensure global supplies of essential goods continue to flow during major international crises is one of a broad range of recommendations contained in a new OECD report to the G7 on building economic ... More >>

New OECD Report On Economic Resilience For The 2021 UK Presidency Of The G7 Launches On Tuesday 23 March 2021

Thursday, 18 March 2021, 7:45 am | OECD

Economic resilience has emerged as a priority in response to the devastating impacts of recent system-wide crises, including the COVID-19 pandemic, but also the Global Financial Crisis of 2007-09, both of which will continue to leave lasting scars on ... More >>

The 37 Member Countries Of OECD Appoint Mr. Mathias Cormann Of Australia To Be Next Secretary General

Tuesday, 16 March 2021, 7:27 am | OECD

Today, the Council of the OECD composed of Ambassadors representing the 37 Member Countries, took the formal decision to appoint Mr. Mathias Cormann of Australia to become the sixth Secretary-General of the Organisation, for a 5 year-term beginning ... More >>

G20 GDP Continues To Grow In The Fourth Quarter Of 2020, Although At A Slower Pace

Tuesday, 16 March 2021, 7:19 am | OECD

Growth of gross domestic product (GDP) in the G20 area slowed to 2.1% in the fourth quarter of 2020, down from the large rebound in the previous quarter (7.8%) that followed the unprecedented falls in the first half of the year due to COVID-19 containment ... More >>

OECD Unemployment Rate Stable At 6.8% In January 2021, 1.6 Percentage Points Higher Than In February 2020

Thursday, 11 March 2021, 6:20 am | OECD

The OECD area unemployment rate was stable at 6.8% in January 2021, remaining 1.6 percentage points above the level observed in February 2020, before the COVID-19 pandemic hit the labour market. [1] In January 2021, the unemployment rate was stable ... More >>

The Need For Speed: Faster Vaccine Rollout Critical To Stronger Recovery, Says OECD

Wednesday, 10 March 2021, 6:27 am | OECD

A global economic recovery is in sight but a faster and more effective vaccination rollout across the world is critical, while respecting necessary health and social distancing measures, according to the OECD’s latest Interim Economic Outlook . ... More >>

OECD Annual Inflation Picks Up To 1.5% In January 2021 While Euro Area Records Sharp Increase To 0.9%

Thursday, 4 March 2021, 7:01 am | OECD

Annual inflation in the OECD area picked up to 1.5% in January 2021, compared with 1.2% in December 2020. Following a rebound between December and January, the annual decline in energy prices was less pronounced in January (minus 3.9%) than in December More >>

Final Quarter Of 2020 Shows Continued Recovery In G20 International Merchandise Trade

Wednesday, 24 February 2021, 6:49 am | OECD

G20 international merchandise trade continued to rebound in the fourth quarter of 2020 ( exports up 7.2% and imports up 6.8%), following the sharp falls seen in the first half of 2020, as lockdown measures affected trade globally. Although growth ... More >>

Sea Transport Is Primary Route For Counterfeiters, Says OECD

Tuesday, 23 February 2021, 6:24 am | OECD

More than half of the total value of counterfeit goods seized around the world are shipped by sea, according to a new OECD-EUIPO report. Misuse of Containerized Maritime Shipping In the Global Trade of Counterfeits says that seaborne transport accounts ... More >>

OECD Unemployment Rate Stable At 6.9% In December 2020, 1.7 Percentage Points Higher Than In February 2020

Thursday, 11 February 2021, 6:12 am | OECD

The OECD area unemployment rate was stable at 6.9% in December 2020, remaining 1.7 percentage points above the level observed in February 2020, before the COVID-19 pandemic hit the labour market. [1] In December, the unemployment rate was also stable ... More >>

Services Trade Restrictions Increased In 2020, Compounding COVID-19 Economic Shock, OECD Finds

Wednesday, 10 February 2021, 7:02 am | OECD

The global regulatory environment for services trade became more restrictive in 2020, with new barriers compounding the shock of the COVID-19 pandemic on exporters, according to a new OECD report. OECD Services Trade Restrictiveness Index (STRI): ... More >>

CLIs Point To Stable Growth In Most Large OECD Economies

Wednesday, 10 February 2021, 6:55 am | OECD

The OECD Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, point to stable growth in most large OECD economies. The CLIs continue to signal stable growth in the United States, Japan ... More >>

OECD Annual Inflation Stable At 1.2% In December 2020 But Signs Of Acceleration In The Euro Area

Saturday, 6 February 2021, 6:13 am | OECD

Annual inflation in the OECD area remained stable at 1.2% in December, for the third consecutive month. Energy prices declined by (minus) 6.5%, a slower pace than in November (minus 8.1%), while food price inflation slowed to 3.2%, compared with 3.4% ... More >>

Vaccine Equity And Resilience Building: Two Tests For Global Solidarity High-level Debate: Monday 8 February

Friday, 5 February 2021, 6:55 am | OECD

COVID-19 has had a devastating social and economic impact everywhere, but particularly in developing countries. The absence of a comprehensive global strategy to ensure vaccine access in low and middle-income countries threatens to prolong the pandemic, ... More >>

OECD Household Income Grows Slightly In The Third Quarter Of 2020 Despite GDP Rebound

Friday, 5 February 2021, 6:28 am | OECD

Real household income per capita, which provides a better picture of changes in people’s economic well-being, rose by only 0.6% in the OECD area in the third quarter of 2020, despite a sharp 9.1% rise in real GDP per capita. Reduced growth in household ... More >>

 

 
 
 
 
 

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