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OECD - Latest News [Page 4]
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 >>
Better Use Of Energy Taxes Could Strengthen Developing Country Finances While Cutting Pollution, Says OECD
Tuesday, 26 January 2021, 6:55 pm | OECD
Developing countries could raise much-needed public revenues, while cutting emissions and air pollution, by making better use of energy taxes and reducing energy subsidies, according to a new OECD report. Taxing Energy Use for Sustainable Development: Opportunities ... More >>
OECD/G20 Inclusive Framework On BEPS To Meet At Plenary Level On 27-28 January
Saturday, 23 January 2021, 7:42 am | OECD
The OECD/G20 Inclusive Framework on BEPS will hold its 11th plenary meeting on 27-28 January. The 2021 Plenary Meeting , to be held virtually, will offer representatives from the Inclusive Framework’s 137 members an opportunity to take stock of the ... More >>
OECD Area Employment Rate Rose By 1.9 Percentage Points In The Third Quarter Of 2020
Tuesday, 19 January 2021, 8:27 am | OECD
OECD area employment rate rose by 1.9 percentage points in the third quarter of 2020, but remained 2.5 percentage points below its pre-pandemic level The OECD area [1] employment rate – the share of the working-age population with jobs – rose ... More >>
Turkey: Targeted Support, Sustainable Macroeconomic Policy And Structural Reforms Will Strengthen The COVID-19 Recovery
Friday, 15 January 2021, 7:02 am | OECD
The COVID-19 crisis has hit Turkey’s people and economy hard, accentuating pre-existing challenges such as the low share of workers in formal employment and obstacles to firm expansion. Well-designed support to households and firms that is aligned with ... More >>
CLIs Continue To Indicate A Mixed Picture Across The Major Economies
Friday, 15 January 2021, 6:40 am | OECD
The OECD Composite leading indicators (CLIs) continue to recover from the COVID-19 crisis lows in most major economies, although the pace of growth varies. Among large OECD economies, the CLIs for the United States and Japan continue to point to stable ... More >>
OECD Unemployment Rate Further Declines To 6.9% In November 2020
Thursday, 14 January 2021, 6:01 am | OECD
The OECD area unemployment rate continued to decline in November 2020, to 6.9%, from 7.1% in October, but remained 1.7 percentage points above the level observed in February 2020, before the COVID-19 pandemic hit the labour market. It continued ... More >>
OECD Annual Inflation Stable At 1.2% In November 2020
Friday, 8 January 2021, 6:54 am | OECD
Annual inflation in the OECD area was stable at 1.2% in November. Energy prices declined by (minus) 8.1%, a faster pace than in October (minus 7.7%), while food price inflation slowed to 3.3%, compared with 3.6% in October. OECD annual inflation ... More >>
Brazil: Reforms To Spur Competitiveness, Productivity And Trade Would Strengthen COVID-19 Recovery, Says OECD
Thursday, 17 December 2020, 8:32 am | OECD
Brazil was pulling out of a long recession when the COVID-19 outbreak hit, bringing the economy back into another, even deeper recession. However, swift government support has helped millions of vulnerable households, including those without formal employment ... More >>
Employers Must Remove Barriers To Work For All Generations, Says OECD
Thursday, 17 December 2020, 8:28 am | OECD
Governments and employers should work together to promote multi-generational workforces to adapt to ongoing changes in the world of work that have been accelerated by the COVID-19 pandemic, according to a new OECD report. Promoting an Age-Inclusive Workforce ... More >>
G20 GDP Showed A Strong Recovery In The Third Quarter Of 2020, But Remained Below Pre-Pandemic High
Tuesday, 15 December 2020, 6:27 am | OECD
Gross domestic product (GDP) in the G20 area rebounded by 8.1% in the third quarter of 2020 following the unprecedented falls in the first half of the year due to COVID-19 containment measures. However, GDP remained 2.4% below its pre-crisis high of the ... More >>
International Community Reaches Important Milestone In Fight Against Tax Evasion
Thursday, 10 December 2020, 6:27 am | OECD
New international standards on the automatic exchange of information for tax purposes have so far been satisfactorily implemented by countries worldwide, marking an important milestone in the global fight against tax evasion, according to a new report published ... More >>
OECD Unemployment Rate Falls To 7.1% In October 2020
Thursday, 10 December 2020, 6:16 am | OECD
The OECD area unemployment rate continued to decline in October 2020, to 7.1%, from 7.3% in September, but remained about 2.0 percentage points above the level observed in February, before the COVID-19 pandemic hit the labour market. The unemployment ... More >>
CLIs Show A Mixed Picture Across The Major Economies
Wednesday, 9 December 2020, 6:31 am | OECD
The OECD Composite leading indicators (CLIs) continue to recover from the COVID-19 crisis lows in most major economies, but the rate of change differs across countries. In the United States , Japan and Canada , the CLIs point to stable growth. In France ... More >>
COVID-19 Crisis Adds Pressure To Private And Public Pensions Systems, Says OECD
Tuesday, 8 December 2020, 9:17 am | OECD
The COVID-19 crisis has compounded the challenges facing retirement savings and old-age pension arrangements and added new ones, according to a new OECD report. The OECD Pensions Outlook 2020 says that population ageing, low growth, low returns ... More >>
