Foreword

The OECD Employment Outlook provides an annual assessment of key labour market developments and prospects in OECD member countries. Each edition also contains several chapters focusing on specific aspects of how labour markets function and the implications for policy in order to promote more and better jobs. This year’s chapters cover recent wage developments, drivers of the decline in the labour share, the impact of collective bargaining on labour market performance, policies to smooth the transition back into employment for workers who lost their job due to economic change, causes and consequences of recent trends in unemployment benefit coverage, and an investigation of the reasons why the gender gap in labour income increases over the working life.