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The Organization for Economic Co-operation and Development (OECD ) announced today that growth and unemployment are reaching pre-economic levels, but wages are stagnating in levels
According to the report "Employment Outlook" of the OECD stagnation of wages mainly affects the countries most affected by the crisis and precarious workers who have recently experienced periods of unemployment
"Unless countries break this cycle, the recovery will be hampered and the inequality of the labor market will increase" According to the paper [19659002] OECD data indicate that the employment rate of the population aged 15 to 74 reached 61.7% in the average of member countries at the end of 2017, making for the first time more jobs than before the crisis, at the same time as the "The rate of employment is expected to reach 62.1% this year and 62.5% in the fourth quarter of 2019 " with the
However, the OECD warns that in terms of quality and job security , poverty has increased in the population. at 10.6% in 2015, compared to 9.6% a year earlier.
Wage growth remains well below what it was before the financial crisis. By the end of 2017, nominal wage growth in the OECD was only half that of ten years ago. States
Even more worrisome: the stagnation of wages affects much more low-wage workers than
This trend of stagnant wages facing an increase in employment highlights the changes Structures that have occurred in our economies and the global crisis has worsened and underscores the urgent need for countries to help their workers, the Secretary-General of the OECD, Ángel Gurría, at the launch from the report to Paris
at the end of June, in the publication: "Compendium of Productivity Indicators" the organization had warned that the growth of employment in many countries of the world. OECD was motivated by low productivity jobs, which is the average real wages in countries like Portugal, Spain and the United Kingdom
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