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Jobs gap closes but recovery remains uneven

OECD, (2017), “Jobs gap closes but recovery remains uneven”, 13 Ιουνίου

The job market continues to improve in the OECD area, with the employment rate finally returning to pre-crisis levels. But people on low and middle incomes have seen their wages stagnate and the share of middle-skilled jobs has fallen, contributing to rising inequality and concerns that top earners are getting a disproportionate share of the gains from economic growth, according to a new OECD report.
The OECD Employment Outlook 2017 finds that the employed share of the population aged 15 to 74 years rose for the third consecutive year. It is expected to reach 61.5% by the end of 2018, above its peak of 60.9% in the fourth quarter of 2007.

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