OECD - Latest News [Page 1]

COVID-19 Crisis Puts Migration And Progress On Integration At Risk, Says OECD

Tuesday, 20 October 2020, 6:20 am | OECD

Watch the live webcast of the press conference Migration flows have increased over the past decade and some progress has been made to improve the integration of immigrants in the host countries. But some of these gains may be erased by the COVID-19 pandemic ... More >>

OECD Area Employment Rate Falls By 4.0 Percentage Points, To 64.6% In Second Quarter Of 2020

Friday, 16 October 2020, 6:09 am | OECD

The OECD area employment rate – the share of the working-age population with jobs – fell by 4.0 percentage points, to 64.6%, in the second quarter of 2020, its lowest level since the fourth quarter of 2010. Across the OECD area, 560 million persons ... More >>

UK: Spending To Address COVID-19 & Brexit Should Fit With Productivity, Social & Environmental Goals

Thursday, 15 October 2020, 6:44 am | OECD

UK: spending to address COVID-19 and Brexit should fit with productivity, social and environmental goals, says OECD The United Kingdom faces major challenges from the COVID-19 crisis and leaving the EU Single Market. Ramping up investment in the ... More >>

OECD Unemployment Rate Falls To 7.4% In August But Remains 2.2 Percentage Points Above February

Tuesday, 13 October 2020, 8:13 am | OECD

The OECD unemployment rate fell by 0.6 percentage point in August, to 7.4%, but remained 2.2 percentage points above the level observed in February, before the COVID-19 pandemic hit the labour market. 48.4 million persons were unemployed in the OECD ... More >>

OECD Annual Inflation Stable At 1.2% In August 2020

Tuesday, 6 October 2020, 6:43 am | OECD

Annual inflation in the OECD area overall was stable at 1.2% in August 2020. Energy prices continued to fall in August (minus 7.1%), but at a slower pace than in July (minus 8.4%), while food price inflation picked up slightly to 3.9%, compared with ... More >>

New OECD PISA Report Reveals Challenge Of Online Learning For Many Students And Schools

Wednesday, 30 September 2020, 8:04 am | OECD

The COVID-19 pandemic has led to school closures across the world and forced teachers and students in many countries to adapt quickly to teaching and learning online. But a new OECD PISA report reveals wide disparities both between and within countries ... More >>

More Efforts Needed From Governments And Businesses To Unlock Potential Of Sustainable Finance: OECD

Wednesday, 30 September 2020, 8:02 am | OECD

Governments and regulators should urgently work together to improve the data used for environmental, social and governance (ESG) investing, according to a new OECD report. The OECD Business and Finance Outlook 2020 says that ESG investing has grown ... More >>

Building Confidence Crucial Amid An Uncertain Economic Recovery, Says OECD

Thursday, 17 September 2020, 9:01 am | OECD

With the COVID-19 pandemic continuing to threaten jobs, businesses and the health and well-being of millions amid exceptional uncertainty, building confidence will be crucial to ensure that economies recover and adapt, says the OECD’s Interim ... More >>

Unprecedented Falls In GDP In Most G20 Economies In Second Quarter Of 2020

Tuesday, 15 September 2020, 7:53 am | OECD

COVID-19 containment measures weighed heavily on economic activity in the second quarter of 2020, with unprecedented falls in real gross domestic product (GDP) in most G20 countries. For the G20 area as a whole, GDP dropped by a record (minus) ... More >>

More Can Be Done To Ensure A Green Recovery From COVID-19 Crisis, Says OECD

Tuesday, 15 September 2020, 7:25 am | OECD

Many countries are making “green” recovery measures a central part of stimulus packages to drive sustainable, inclusive, resilient economic growth and improve well-being in the wake of the COVID-19 crisis. However some countries are also implementing ... More >>

OECD Unemployment Rate Falls To 7.7% In July 2020, Remains 2.5 Percentage Points Higher Than In Feb

Thursday, 10 September 2020, 8:40 am | OECD

The OECD area unemployment rate fell to 7.7% in July 2020, from 8.0% in June, but remained 2.5 percentage points above the rate in February, before the COVID-19 pandemic hit the labour market. The monthly fall for the OECD as a whole masks strong regional ... More >>

Education Critical To Build A More Resilient Society, Says OECD

Wednesday, 9 September 2020, 7:18 am | OECD

The COVID-19 crisis has exposed the many inadequacies and inequities in education systems around the world. As governments start rebuilding their economies and people’s livelihoods, it is critical that long-term public spending on education remain a ... More >>

CLIs Continue To Strengthen But At A Slowing Pace

Wednesday, 9 September 2020, 7:05 am | OECD

Although OECD Composite leading indicators (CLIs) for August continued to strengthen from the Covid-19 crisis lows, the pace of recovery has slowed and CLIs remain below the levels recorded prior to the initial COVID-19 outbreak. The moderation in the ... More >>

Countries Have Responded Decisively To COVID-19 Crisis, But Face Significant Fiscal Challenges Ahead

Friday, 4 September 2020, 7:40 am | OECD

Governments have taken unprecedented fiscal action in response to the COVID-19 crisis, but countries will need to support economic recovery in the face of significantly increasing fiscal challenges, according a new OECD report . Tax Policy Reforms 2020 ... More >>

G20 International Merchandise Trade Collapsed In April 2020 But Began To Recover In May And June

Friday, 28 August 2020, 8:04 am | OECD

COVID19 measures introduced in most countries sent G20 merchandise trade plummeting in the second quarter of 2020. Compared with the first quarter of 2020, exports fell by 17.7% and imports by 16.7%, the largest fall since the 2009 financial crisis. ... More >>

Unprecedented Fall In OECD GDP By 9.8% In Q2 2020

Thursday, 27 August 2020, 5:37 am | OECD

Following the introduction of COVID-19 containment measures across the world since March 2020, real gross domestic product (GDP) in the OECD area showed an unprecedented fall, by (minus) 9.8%, in the second quarter of 2020, according to provisional estimates. ... More >>

Korea: Keep Supporting People And The Economy Until Recovery Fully Under Way, Says OECD

Tuesday, 11 August 2020, 6:41 pm | OECD

Korea has limited the damage to its economy from the COVID-19 crisis with swift and effective measures to contain the virus and protect households and businesses. Support for workers and the export-dependent economy should continue, given falling ... More >>

OECD CLIs Continue To Strengthen From Crisis-low In All Major Countries

Tuesday, 11 August 2020, 4:59 am | OECD

Composite leading indicators (CLIs) for July continue to strengthen from the Covid-19 crisis lows across all major economies, but they remain below long-term trends and at levels lower than those recorded prior to the initial Covid-19 outbreak. Following ... More >>

Government Support Measures For Households Buffer The Economic Impacts Of COVID-19

Friday, 7 August 2020, 5:15 am | OECD

Despite a 2.0% fall in real GDP per capita, in the OECD area in the first quarter of 2020, real household income per capita, which provides a better picture of changes in households’ economic well-being, grew by 0.1%. Read the full release . See the ... More >>

OECD Annual Inflation Picks Up To 1.1% In June 2020

Wednesday, 5 August 2020, 5:20 am | OECD

Annual inflation in the OECD area picked up to 1.1% in June 2020, compared with 0.7% in May, after four consecutive months of decline. Energy prices decreased less in June (minus 9.5%) than in May (minus 13.7%) and food price inflation picked up ... More >>