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Youth unemployment ratePercentage of the labour force aged 15/16-24, Q4 20071-Q2 20142
Countries shown by ascending order of the youth unemployment rates in Q2 2014.* Selected urban areas.1. 2005 for China; 2007/08 for India and Q1 2008 for South Africa..2. 2011/12 for India; 2010 for China; Q4 2013 for Argentina; and Q1 2014 for Brazil, Indonesia, the Russian Federation, Saudi Arabia, South Africa, Turkey and the United Kingdom. Source: OECD calculations based on OECD Short-Term Labour Market Statistics Database; ILO, Short-term Indicators of the labour Market; Census data for China and National Sample Survey for India.
Many youth are unemployed or inactive and not involved in education
ChinaJa
pan
German
y
Mexico
Korea,
Rep. o
fIndia
United
States
Australi
a
Canada
Russian
Fed.
Brazil*
Turkey
Indone
sia
Argenti
na*
United King
dom
Europe
an Unio
n
France
Saudi
Arabia Ita
ly
South Afric
aSpa
in0
10
20
30
40
50
60
Q4 2007 Peak Q2 2014
%
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Incidence of temporary employment, 2013As a percent of all employees in each groupa
*: Selected urban areas only.a) Youth aged 15-24 and adults aged 25 and over. Source: OECD estimates.
Job quality is often poor for youth and skills mismatch is frequent
Incidence of informal employment, 2011As a percent of all employees in each groupa
0
10
20
30
40
50
60
70
80
90Youth Adults
0
10
20
30
40
50
60
70
80
90Youth Adults
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Important to assess impact of recent G20 youth initiatives
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Better youth employment outcomes essential for growth and social cohesion
G20 countries have taken important commitments and actions on youth welcome
Quality apprenticeships/internships can play an important role
But more needs to be doneShort-term measures to tackle high youth unemploymentLong-term measures to improve skills and access to quality jobs
See: OECD and ILO (2014), Promoting Better Labour Market Outcomes for Youth, report prepared for the G20 Labour and Employment Ministerial Meeting, Melbourne, 10-11 September 2014.
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Source: OECD estimates.
Large gender gaps remain in labour participation, access to quality jobs and pay
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Participation rate
-26% points
Employment rate
-26% points
Incidence of self-employment-3.5% points
Earnings-19%
Gender gaps for the G20 median economy
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The labour force projections are based on population projections for persons aged 15-64 years, by 5-year age group.1. Baseline: Participation rates are projected by assuming that labour force entry and exit rates by gender and 5-year age groups remain constant at
their average value over the period 2003-2012 (2005-2010 for China).2. Closing the gender gap: The gender gap in participation for the working-age population (15-64) in 2012 is assumed to narrow by 25% by 2025 ,
50% by 2040 and 75% by 2055.. Source: OECD projections based on the OECD Population and Demography database and the OECD Employment database.
Gradually closing gender gaps would boost growth and well-being in G20 countries
Impact of closing the gender gap in participation on G20 labour force growth, 2014-2050Millions
6
2100
2200
2300
2400
2500
2600
2700
2800
Baselineprojection
Closing the gender gap
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Promote entrepreneurship
Comprehensive policies are needed to improve access to quality jobs for women
Eliminate unequal treatment
Make work pay and improve job quality
Promote gender equality
7See: OECD, ILO, IMF and World Bank (2014), Achieving Stronger Growth by Promoting a More Gender-Balanced Economy, report prepared for the G20 Labour and Employment Ministerial Meeting, Melbourne, 10-11 September 2014..
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Read more about the OECD’s work on youth, gender, job quality and much more:
Website: www.oecd.org/employment/outlookFollow us on Twitter : @OECD_Social
Thank you