markets, crowd out productive investment and fuel unemployment. Declining wage shares in OECD countries may be driven in part …

picking up. Unemployment remained high and employment rates were low, especially among women, the young and older workers. The …

market remain severe. Unemployment duration is still extremely high, and many have withdrawn from the labour market … high long-term unemployment and weak labour market participation could evolve into structural problems. Greater emphasis …

mitigated the burden sharing of fiscal adjustment, as the recession has deepened unemployment has risen, earnings have declined … reforms in targeting social support, especially housing benefits, extending unemployment insurance and introducing a means …

played by macroeconomic and structural policies. The OECD unemployment rate has returned to close to its pre-crisis level …, but the unemployment cost of the Great Recession has nonetheless been very large and long-lasting in many countries … in unemployment become structural. Spending on active labour market policies needs to respond strongly to cyclical …