The Organization for Economic Cooperation and Development (OECD) in April 2022 published its February 2022 unemployment figures: unemployment rate in the OECD area dropped below the pre-pandemic rate to 5.2%, down from 5.3% in January. This is the lowest level since the start of this data series in 2001. The number of unemployed workers in the OECD area also continued to fall, reaching 34.9 million, 0.7 million below its

The Organization for Economic Cooperation and Development (OECD) in April 2022 published its February 2022 inflation statistics, confirming their acceleration. Year-on-year inflation in the OECD area rose to 7.7% in February 2022, compared with 7.2% in January 2022, and 1.7% in February 2021. This increase reflected in part another sharp rise in inflation in Turkey, increasing from 48.7% in January to 54.4% in February. Excluding Turkey, inflation in the

The Organization for Economic Cooperation and Development (OECD) in April 2022 published its latest Composite Leading Indicators (CLI), based on data available up to March 2022. CLIs are designed to anticipate turning points in economic activity relative to long-term trends. The newest numbers point to growth losing momentum in Europe, but a stable growth in other major OECD economies. In Europe (U.K. and the Euro area) the lower growth

The Organization for Economic Cooperation and Development (OECD) in March 2022 published its January 2022 inflation statistics and confirmed the record-breaking figures of December 2021. Inflation in the OECD area rose to 7.2% in the 12 months to January 2022, compared with 6.6% in December 2021, and just 1.6% in January 2021. Similar to last month, this increase was driven in part by yet another surge in Turkey (to

The Organization for Economic Cooperation and Development (OECD) in February 2022 published its December 2021 inflation statistics, showing the highest rate since July 1991, more than 30 years ago. In fact, inflation in the OECD area rose to 6.6% in the 12 months to December 2021, compared with 5.9% in November, and just 1.2% in December 2020. This increase was driven in part by a surge in annual inflation

The Organization for Economic Cooperation and Development (OECD) in January 2022 published its November 2021 inflation figures, showing the highest rate in 25 years. In fact, inflation in the OECD area surged to 5.8% in the 12 months to November 2021, compared with 5.2% in October, and just 1.2% in November 2020, reaching the highest rate since May 1996. The rise was particularly marked in the United States, where

The Organization for Economic Cooperation and Development (OECD) in October 2021 published its latest data about inflation. According to the OECD, the Consumer Price Index (CPI) continued upward, reaching 4.3% in August 2021 driven by energy and food prices. The new data point compares with 4.2% in July, continuing the upward trend beginning in December 2020. In the euro area, annual inflation picked up strongly to 3.0% in August

OECD – Paris, 24 August 202 – Value of G20 merchandise trade at new high in Q2 2021, but signs of easing growth In the rear of a great first quarter of 2021, the G20 recorded a new peak in merchandise trade for the second quarter : exports grew by 4.1% and imports by 6.4%. It is a slowdown compared to the Q1’s growth (8.6% and 8.5% reported). Growing commodity

The Organization for Economic Cooperation and Development (OECD)’s Composite Leading Indicators (CLI) in September 2021 indicated that growth remains at above-trend levels but is moderating in the OECD area. Among the major OECD economies, the signs of a moderating growth at above-trend levels already were flagged in last month’s assessment. They now have been confirmed in Canada, the euro area as a whole, including Germany and Italy, and in

The Organization for Economic Cooperation and Development (OECD) in September 2021 published its July 2021 unemployment data. The OECD area unemployment rate fell to 6.2% in July 2021 (41.1 million workers) from 6.4% in June (minus 1.6 million), and still 0.9 percentage point above the rate observed in February 2020. The latest rate largely reflects the return of temporary laid-off workers in the United States and Canada, where they

The Organization for Economic Cooperation and Development (OECD) in August 2021 announced that the Gross domestic product (GDP) of the OECD area remains below pre-pandemic levels, despite increasing growth in the second quarter of 2021, by 1.6% from 0.6% in the previous quarter, according to provisional estimates. The United Kingdom recorded the strongest growth (4.8% from minus 1.6% in the previous quarter), followed by Italy (2.7% from 0.2% in the previous quarter).

The Organization for Economic Cooperation and Development (OECD) in April 2021 published its latest set of Composite Leading Indicators (CLIs). Designed to anticipate turning points in economic activity relative to long-term trends, CLIs continue to strengthen in most major economies. In the US, the CLI increases steadily, thanks to a greater consumer confidence. In Japan, Canada, and the euro-area (especially Germany and Italy), the CLIs point towards a steady

According to a statement published by the Organization for Economic Cooperation and Development (OECD) in June 2020, the unemployment rate increased by an unprecedented 2.9 percentage points in April 2020 to 8.4%, compared to 5.5% in March, reflecting the impact of Covid-19 containment measures. The number of unemployed people in the OECD area increased by 18.4 million to 55 million in April. The United States accounted for the main

The Organization for Economic Cooperation and Development (OECD)’s Composite Leading Indicators (CLI) in April 2020 went into negative territory as a result of the COVID-19 pandemic crisis. The CLI was on the path to recovery after a low point in September 2019 when the trajectory abruptly changed for the worse. In March 2020, the CLI level is at 98.77 vs the Feb 2020 level of 99.57, up from Jan

The Organization for Economic Cooperation and Development (OECD)’s Composite Leading Indicators (CLI) in April 2020 went into negative territory as a result of the COVID-19 pandemic crisis. The CLI was on the path to recovery after a low point in September 2019 when the trajectory abruptly changed for the worse. In March 2020, the CLI level is at 98.77 vs the Feb 2020 level of 99.57, up from Jan

OECD’s new report, Pension Markets in Focus 2019, shows that despite a decline of pension assets in the OECD area and internationally in 2017/18, over the last decade, however, pension assets have increased in nominal terms in almost all reporting countries. This can be attributed to an increase in the proportion of working-age coverage, which was strong in countries such as Israel, Latvia, Bulgaria, Colombia, North Macedonia, and New

The OECD in December 2019 published updated versions of the 2019 series of its E.U. Country Health Profiles. The profiles provide a concise overview of health and health systems in the EU/European Economic area, emphasizing the particular characteristics and challenges in each country against a backdrop of cross-country comparisons. Each Country Health Profile provides a short summary of: Health status Risk factors The organization of the health system Its

The OECD in November 2019 released its annual Health at a Glance report for 2019. It provides the latest comparable data and trends on different aspects of the performance of health systems in OECD countries, while providing striking evidence of large variations across countries in indicators of health status and health risks, as well as in the inputs and outputs of health systems. Gains in longevity are stalling, with

Obesity-related diseases will claim more than 90 million lives in OECD countries in the next 30 years, with life expectancy reduced by nearly 3 years. Obesity and its related conditions also reduce GDP by 3.3% in OECD countries and exact a heavy toll on personal budgets, amounting to USD 360 per capita per year, according to a new OECD report published in November 2019. The OECD’s The Heavy Burden

Health expenditures will outpace GDP growth over the next 15 years in almost every OECD country, according to the OECD’s Health at a Glance 2019 report, published in November 2019. The OECD foresees that health spending per capita will grow at an average annual rate of 2.7% across OECD countries and will reach 10.2% of GDP by 2030, up from 8.8% in 2018. The report notes that the United

Published in November 2019, the OECD’s Pensions at a Glance 2019 report advises governments to urgently reform their pension systems to allow for the one-third of employees who are now in non-standard employment (self-employed, temporary or part-time employment) to have adequate retirement income. With women being three times more likely to be in part-time work, and the older workforce more likely to be self-employed, it has become a necessity: non-standard

The Future of Work addresses megatrends transforming the labor market The 2019 edition of the OECD Employment Outlook released in October 2019 takes a look at new evidence of changes in job stability, underemployment, and the share of well-paid jobs globally, and discusses how policy creates implications with respect to how technology, globalization, population ageing, and other megatrends are transforming the labor market in OECD countries. The report discusses

Institutional, legal and regulatory frameworks for corporate governance are the topics for the 2019 Corporate Governance Factbook, released in June 2019 by the OECD. The Factbook provides easily accessible and up-to-date information about the institutional, legal and regulatory frameworks for worldwide corporate governance, and complements the G20/OECD Principles of Corporate Governance. It is intended for use by governments, regulators, and the private sector to compare their own frameworks with

Out of 25 OECD countries for which data are available, the United States, Canada, Sweden, Norway, Ireland, England, and Wales experienced a rise in the average of opioid-related deaths (ORD) of more than 20% from 2011-2016. These findings are highlighted in the May 2019 OECD release: Addressing Problematic Opioid Use in OECD Countries, which calls for governments to take urgent action to combat the rise of ORD. In Canada,

The OECD in May 2019 published its Economic Outlook, containing analysis and projections for its 36 member countries and other major economies. A summary of the Economic Outlook and key data is accessible at http://www.oecd.org/economy/economic-outlook/. A special chapter in the Outlook analyses the ongoing digital transformation of the economy and complementary effects on productivity, which is one of the key themes of the 2019 OECD Forum and Ministerial Council

The OECD in April 2019 released its 2019 edition of the OECD Employment Outlook, which presents new evidence on changes in job stability, underemployment and the share of well-paid jobs available. The report also discusses the policy implications of these changes with respect to how technology, globalization, population ageing, and other mega-trends are transforming the labor market in OECD countries. The report also focuses on how labor market regulation

According to the OECD’s latest Employment Outlook 2019, released April 2019 as part of the OECD’s Future of Work initiative, governments need to overhaul their approach to employment and jobs to reduce further social and economic tensions. Without rapid action, many people, particularly the low skilled, will be left behind. Among the findings of the report: A rising number of young people with less than tertiary educations in many